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Virgin Orbit Holdings Inc. is no more.The Long Beach aerospace company that declared bankruptcy in April sold off its real estate, machinery and airplane in an auction that netted it $36 million.
Vorb-20230602 UNITED STATES SECURITIES AND... | June 5, 2023
Stratolaunch and Rocket Lab are among the buyers for assets of Virgin Orbit Holdings, billionaire Richard Branson's bankrupt space-launch company.
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WASHINGTON :Richard Branson's bankrupt satellite launch firm, Virgin Orbit, on Tuesday revealed that it was closing for good after a $36.4 million asset sale, including an agreement to sell the bulk of its Long Beach, California, headquarters to small-launch firm Rocket Lab USA Inc.Rocket Lab, the seasoned sm