airlaunchtoorbit
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Bankrupt Virgin Orbit Sells Scraps at Auction, Including Its Big Plane
The ongoing saga of Virgin Orbit’s ongoing crash and burn appears to have finally come to an end. Assets from the satellite launch company, founded by British entrepreneur Richard Branson, have officially been sold off at auction, with some major spaceflight players picking up the crumbs.
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Virgin Orbit Reportedly Preparing for Insolvency in Wake of Rocket Failure
Richard Branson’s private space venture Virgin Orbit is reportedly planning for insolvency in the event it’s not able to secure new funding, according to Sky News.
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Virgin Orbit’s Failed Rocket Seen Crashing Back to Earth in Fiery Video
After failing to reach orbit and deliver seven payloads on board, Virgin Orbit’s LauncherOne rocket fell back to Earth towards its fiery doom. The rocket’s hellish descent was captured on video, revealing the unfortunate journey back from space.
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Virgin Orbit Could Soon Provide ‘Responsive’ Space Launch Services for NATO
The Luxembourg Directorate of Defence and Virgin Orbit signed an agreement earlier this week to explore the possibility of developing “responsive space capabilities” for use by NATO and possibly other allies.