Space

Richard Branson’s Virgin Orbit permanently ceases operations

Company filed for bankruptcy protection in the US in April

  • May 24, 2023
Virgin Orbit: “(Our) legacy in the space industry will forever be remembered.” Picture: Getty

Richard Branson’s Virgin Orbit has announced they are selling their assets and will cease operations months after a mission failure in the UK.

In a statement, the “responsive space launch provider” said: “(Our) legacy in the space industry will forever be remembered. Its ground-breaking technologies, relentless pursuit of excellence, and unwavering commitment to advancing the frontiers of air launch have left an indelible mark on the industry.”

The California-based company will sell its assets to ...