Bransons

Virgin Galactic successfully flew its first paying customers to the final frontier Thursday, a long-awaited achievement that puts it back on track in the emerging private spaceflight sector.Italian Air Force officers unfurled their nation’s…

Virgin Orbit, the satellite launch company owned by billionaire Richard Branson will cease operations permanently, just months after filing for bankruptcy. The company, which aimed to send small satellites into space, revealed it was…

Carrier aircraft VMS Eve is seen in the background shortly after releasing VSS Unity, which is firing its engine and acclerating during the company's fourth spaceflight test, Unity 22, carrying founder Richard Branson on July 11,…

Richard Branson's Virgin Orbit Holdings filed for Chapter 11 bankruptcy in the US on Tuesday. The satellite launch company failed to secure new investment after a rocket launch failed in January. The California-based company had stopped…

Virgin OrbitHoldings Inc filed for bankruptcy after the satellite launch firm tied to British billionaire Richard Branson failed to secure the funding needed to keep operating and cut 85% of its staff. The company listed $243 million in…

Richard Branson's Virgin Orbit Holdings filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company failed to secure the long-term funding needed to help it recover from a January rocket failure.The Long Beach,…

<!-- -->Virgin Orbit was founded in 2017. (Reuters Photo)British billionaire Sir Richard Branson's company Virgin Orbit has filed for bankruptcy in the US after failing to secure new investment, as per a report in the BBC. The outlet…

Virgin Orbit has announced the decision to file for bankruptcy after the layoff of around 85% of employees last week and failing to secure long-term funding to help its recovery from a January rocket failure, the firm announced on Tuesday.…

The Virgin Orbit building is seen after the company paused operations last week, in Long Beach, California, U.S., March 22, 2023. | Photo Credit: Reuters Richard Branson's Virgin Orbit Holdings filed for Chapter 11 bankruptcy on Tuesday…

Issued on: 04/04/2023 - 10:19 Richard Branson's Virgin Orbit Holdings filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company failed to secure the…