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WASHINGTON, April 4 (Reuters) - Virgin Orbit Holdings ( VORB.O ), founded by billionaire Richard Branson, has filed for Chapter 11 bankruptcy as the
WASHINGTON, April 4 (Reuters) - Virgin Orbit Holdings Inc ( VORB.O ), founded by billionaire Richard Branson, filed for Chapter 11 bankruptcy protection
In the United Kingdom, all stars are aligning for the space industry to advance, including an active venture capital community, a government cognizant of space tech’s potential, and close collaboration. Add advancements in emerging technologies, like quantum computing, into the mix, and its potential ignites. Joshua Western, CEO and co-founder of Wales-based space manufacturing startup…
Mark Boggett, who runs Seraphim Space, said bosses should focus on boosting home-grown space talent - rather than industry setbacks.
“Seismic change” is needed for the UK to be appealing for future space missions, following the failure of Virgin Orbit's Start Me Up mission, industry representatives have told MPs.