📰 Irgin Orbit Operations Pause News
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March 29, 2023
Virgin Orbit is having trouble finding the funding it needs. Virgin Orbit's search for funding isn't over yet. The company is extending its unpaid employee furlough to an undisclosed date to grant them more time to acquire a financing deal to support its operations.
March 17, 2023
Are Virgin Orbit's funds running low following its failed UK launch in Jan. 2023? Virgin Orbit will not be operating for some time. The private space company recently announced it is halting operations for a week to shore up its finances and find more funding.