Virgin Orbit Shuts Down After Bankruptcy Sales

Slashdot
By BeauHDMay 24, 2023, 3:00 am454 ptsHot
Virgin Orbit, a bankrupt rocket company spun off from Virgin Galactic, is shutting down after selling its facility leases and equipment to aerospace companies in an auction. CNBC reports: Spun out of Virgin Galactic in 2017 by founder Sir Richard Branson, Virgin Orbit reached rarefied air by flying multiple…

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