Richard Branson’s Virgin Orbit is laying off about 675 employees, or 85% of its workforce, as the air-launched rocket company failed to find funding to sustain its operations. Most of the affected ...
The first Australian-made rocket to attempt to reach orbit from the country’s soil crashed after 14 seconds of flight on Wednesday. The rocket Eris, launched by Gilmour Space Technologies, was the ...
It's now official—the launch company Virgin Orbit is being sold for parts. In a new filing as part of the bankruptcy process, Rocket Lab purchased the company's main production facility in Long Beach, ...
The satellite launch company, founded by Richard Branson, announced sweeping cuts last week as it struggled to recover from a high-profile rocket failure in January. By Kevin Granville Virgin Orbit, a ...
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