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Virgin Orbit

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  • Tuesday, 23 May, 2023
    Branson and creditors of Virgin Orbit raise $36mn from fire sale

    Rivals Rocket Lab and Stratolaunch acquire assets of failed rocket company

    Virgin Orbit’s ‘Cosmic Girl’ prepares for take-off from Cornwall with its underwing rocket payload
  • Wednesday, 12 April, 2023
    Space industry
    Europe’s cosmic dreams have a billionaire problem

    Old world, meet final frontier

  • Tuesday, 4 April, 2023
    Virgin Orbit files for bankruptcy protection in US

    Richard Branson’s rocket launch spin-off has already ceased operations and cut 85% of workforce

    A Virgin Orbit Boeing 747-400 aircraft named Cosmic Girl
  • Friday, 31 March, 2023
    Satellites
    Mis-steps that brought Virgin Orbit crashing back to earth

    Branson vehicle teeters after series of flawed decisions and a failed launch lead to painful denouement

    A model of Virgin Orbit’s LauncherOne rocket
  • Friday, 31 March, 2023
    Virgin Orbit shares plunge after announcing ‘ceased operations’

    Richard Branson’s rocket company to axe 85% of staff as it struggles to secure rescue funding

    A replica of Virgin Orbit’s LauncherOne rocket  at Newquay Airport
  • Thursday, 16 March, 2023
    Satellites
    Richard Branson’s Virgin Orbit in talks about potential buyout

    Shares hit after company announces ‘operational pause’ and puts staff on unpaid furlough

    Employees prepare for the launch of the LauncherOne rocket, operated by Virgin Orbit
  • Thursday, 12 January, 2023
    Satellites
    Virgin Orbit pledges to return for new UK satellite launch

    Richard Branson’s company wants to try again later this year after failed mission from Cornwall

    Virgin Orbit’s home base at the Mojave air and space port in California
  • Tuesday, 10 January, 2023
    News in-depthSpace industry
    Virgin Orbit scrambles to establish why first UK satellite launch failed

    Very public blow to British ambitions to be player in Europe’s ‘space race’

    Virgin Orbit’s chief executive, Dan Hart
  • Tuesday, 10 January, 2023
    LexAerospace & Defence
    Virgin Orbit: launch failure puts focus on finances Premium content

    Rising rates and weaker economic conditions make fundraising more onerous

    Final preparations for the Virgin Orbit launch
  • Tuesday, 10 January, 2023
    Virgin Orbit shares sink after rocket ‘anomaly’

    Virgin Orbit’s LauncherOne prevented from gaining orbit in blow to British space ambitions

    Cosmic Girl, a repurposed Boeing 747 aircraft carrying the LauncherOne rocket under its left wing, prepares for take-off on Monday
  • Wednesday, 21 December, 2022
    Aerospace & Defence
    UK aviation regulator approves first satellite launch from British soil

    Civil Aviation Authority issues final licences to Virgin Orbit for take off from Spaceport Cornwall in Newquay

    Virgin Orbit’s mobile satellite launcher seen against a blue sky
  • Friday, 18 November, 2022
    News in-depthSpace industry
    ‘We really want to be first’: UK fights to lead new space race

    Spaceport Cornwall blazes a trail as Britain aims to become European leader in launch of commercial satellites

    Virgin Orbit Boeing 747 named Cosmic Girl
  • Thursday, 30 December, 2021
    Virgin Group Ltd
    Virgin Orbit’s Nasdaq listing falls short of fundraising target

    Richard Branson’s parent group forced to inject up to $100m for merger with Spac to go ahead

    Virgin Orbit’s Cosmic Girl aircraft releases its LauncherOne rocket mid-air during a July 2019 drop test
  • Monday, 23 August, 2021
    LexSpace industry
    Virgin Orbit/Spac: circular logic backs jet-based rocket launches Premium content

    Projected revenue based on sending satellites into orbit rather than space tourism taking off underpins sky-high valuations

  • Monday, 23 August, 2021
    Space industry
    Virgin Orbit brings Boeing on board for $3.2bn Spac deal

    Richard Branson’s reusable launch venture is aiming for Nasdaq listing

    Virgin Orbit Cosmic Girl launch
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