Virgin Orbit’s launch business sold for parts to Vast, Stratolaunch, and Rocket Lab

TechCrunch
By Aria AlamalhodaeiMay 23, 2023, 2:50 pm145 pts
Virgin Orbit, once valued at $3.7B, has been chopped up for parts. The company has concluded the auction for its assets, which were put up for sale as part of its Chapter 11 bankruptcy proceedings. Altogether, the three winning bids come to around $36 million dollars. The winning bids were submitted by Rocket…

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