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tech / sci.astro.amateur / Virgin Orbit: Richard Branson's rocket firm files for bankruptcy

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o Virgin Orbit: Richard Branson's rocket firm files for bankruptcyStarDust

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Virgin Orbit: Richard Branson's rocket firm files for bankruptcy

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Subject: Virgin Orbit: Richard Branson's rocket firm files for bankruptcy
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 by: StarDust - Tue, 4 Apr 2023 11:00 UTC

https://www.bbc.com/news/business-65172594

Ouch!!!!
British billionaire Sir Richard Branson's rocket company Virgin Orbit has filed for bankruptcy in the US after failing to secure new investment.

The satellite launch company halted operations weeks ago but it hopes to find a buyer for the business.

The company, based in California, announced last week that it would cut 85% of its 750-strong workforce.


tech / sci.astro.amateur / Virgin Orbit: Richard Branson's rocket firm files for bankruptcy

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