Richard Branson
Virgin Orbit shuts down right after individual bankruptcy product sales
The modified Boeing 747 aircraft, named “Cosmic Woman”, will take off from Spaceport Cornwall in southwest England. Hugh Hastings / Stringer / Getty Photographs Bankrupt rocket enterprise Virgin Orbit is shutting down soon after providing its facility leases and devices to a trio of aerospace businesses in an auction, the enterprise verified on Tuesday. “As […]
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This company could take lab-grown meat mainstream thanks to a green light from the FDA
A look at Upside’s prepared chicken product. Upside Foods When Amy Chen took her first bite of chicken meat grown directly from cells in a lab, her initial reaction was a cliché one-liner: It tasted like chicken. That bite was years in the making. Chen is the operating chief at Upside Foods, a Berkeley, California-based […]
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Virgin Orbit receives $17 million bid for rocket-carrying aircraft in bankruptcy court
Bankrupt rocket company Virgin Orbit received a $17 million “stalking horse” bid for its modified 747 carrier jet and other aircraft assets, as it continues to examine options during Chapter 11 court proceedings. Virgin Orbit agreed to the terms of the potential aircraft deal from aerospace venture Stratolaunch, which is developing the world’s largest airplane […]
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Virgin Galactic targets May 25 for first spaceflight since Richard Branson’s trip
Carrier aircraft VMS Eve is seen in the background shortly after releasing VSS Unity, which is firing its engine and acclerating during the company’s fourth spaceflight test, Unity 22, carrying founder Richard Branson on July 11, 2021. Virgin Galactic Virgin Galactic is targeting as early as May 25 for the launch of its next spaceflight, […]
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Virgin Galactic quarterly loss widens when company preps for spaceflight return
An aerial watch of provider plane VMS Eve, still left, and spacecraft VSS Unity, at Spaceport The us in New Mexico on Feb. 27, 2023. Virgin Galactic Virgin Galactic is aiming to fly its first spaceflight in nearly two decades afterwards this month, but the firm’s first quarter reduction widened considerably as it cash its […]
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Billionaire Richard Branson defends place journey, argues it can gain planet
Richard Branson on board Virgin Galactic’s VSS Unity in July 2021. The billionaire thinks the environmental fees of room vacation are set to “appear down even even further.” Virgin Galactic | by means of Reuters British billionaire Richard Branson believes place journey can be helpful for the earth, arguing that visits like the just one […]
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Virgin Orbit was a promising organization that could under no circumstances come across a performing enterprise design
Virgin Orbit commenced as a application of Richard Branson’s Virgin Galactic in 2012, just before being spun off into a separate business 5 yrs later. In the private space race, Virgin Orbit contended its technique of launching its rockets — recognised as “air start” — was additional versatile than standard start pads used by competition […]
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Here’s what went wrong with Virgin Orbit
Virgin Orbit crew poses at the opening bell ceremony as a 70 foot model rocket with satellites is placed in front of the NASDAQ in Times Square of New York City, United States on January 7, 2022. Tayfun Coskun | Anadolu Agency | Getty Images Not too long ago, Virgin Orbit was in rarified air […]
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Virgin Orbit fails to secure funding, will cease operations and lay off 90% of workforce
The company’s 747 jet “Cosmic Girl” releases a LauncherOne rocket in mid-air for the first time during a drop test in July 2019. Greg Robinson / Virgin Orbit Virgin Orbit is ceasing operations “for the foreseeable future” after failing to secure a funding lifeline, CEO Dan Hart told employees during an all-hands meeting on Thursday […]
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Virgin Orbit extends unpaid pause as Brown deal collapses, ‘dynamic’ talks continue
NEWQUAY, ENGLAND – JANUARY 09: A general view of Cosmic Girl, a Boeing 747-400 aircraft carrying the LauncherOne rocket under its left wing, as final preparations are made at Cornwall Airport Newquay on January 9, 2023 in Newquay, United Kingdom. Virgin Orbit launches its LauncherOne rocket from the spaceport in Cornwall, marking the first ever […]
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