virgingalactic
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Virgin Orbit Reportedly Close to $US200 Million Rescue Deal After Launch Failure
Things may be looking up for Richard Branson’s private launch business Virgin Orbit, with reports suggesting the company may have secured new funding and is preparing for an upcoming rocket launch.
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Stockholder Sues Virgin Galactic, Alleges Richard Branson Lied About Spaceplane After Botched Flights
A Virgin Galactic stockholder is taking the company’s execs to task, saying their penchant for covering up major failures encountered during tests of its Unity spaceplane have tanked investors’ chances of winning big in the commercial space race.
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Richard Branson’s Satellite Launch Company Isn’t Doing So Hot
Virgin Investments Limited has pumped $US55 ($76) million into Virgin Orbit since November of last year, in what is a troubling sign for the fledgling satellite launch company.
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Virgin Orbit Rocket Crashes During First UK Orbital Launch Attempt
Britain’s first orbital launch ended in a disappointing failure after Virgin Orbit’s LauncherOne rocket suffered an anomaly, destroying the seven payloads on board.