Space
Richard Branson’s Virgin Orbit permanently ceases operations
Company filed for bankruptcy protection in the US in April
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 ...