TAMPA, Fla. — The U.K. is funding nearly half the cost of replacing the government-backed cubesat that British maritime surveillance venture Horizon Technologies lost in January in Virgin Orbit’s final launch attempt before bankruptcy. Horizon said in an Oct. 19 news release that the UK Space Agency awarded the company […]
Virgin Orbit
347 posts
LONG BEACH, Calif. — Rocket Lab has opened a new engine development center in a building that, six months earlier, was the headquarters of a competing launch company, Virgin Orbit. Rocket Lab held a ribbon-cutting ceremony Oct. 4 for its Engine Development Center here. The 13,400-square-meter facility will be used […]
WASHINGTON — A Japanese company developing a constellation of synthetic aperture radar (SAR) imaging satellites is the latest to turn to Rocket Lab after the bankruptcy of rival launch company Virgin Orbit. Rocket Lab announced Aug. 17 that it signed a contract with Institute for Q-shu Pioneers of Space (iQPS) […]
WASHINGTON — Rocket Lab says a Virgin Orbit facility it acquired at a bankruptcy auction in May will allow the company to scale up production of its Neutron rocket in development. Rocket Lab placed a winning bid of $16.1 million for Virgin Orbit’s main production facility in Long Beach, California, […]
British space race sees investments worth £240m as investors back sector despite Virgin Orbit failure By Luke Barr Updated: 11:20 BST, 16 July 2023 Investors are still ploughing cash into Britain’s burgeoning space sector despite the high-profile failure of Virgin Orbit’s rocket launch in Cornwall. The UK welcomed £240 million […]
TAMPA, Fla. — Canada’s NorthStar Earth and Space has signed a multi-launch deal with Rocket Lab after Virgin Orbit’s bankruptcy shattered plans to start deploying its space situational awareness (SSA) satellites this summer. Rocket Lab is contracted to launch the venture’s first four satellites this fall on an Electron rocket, […]
WASHINGTON — Firefly Aerospace has agreed to buy Virgin Orbit’s remaining assets — inventory at two company production facilities — as part of Virgin Orbit’s bankruptcy proceedings. In June 15 filings with the federal bankruptcy court in Delaware overseeing Virgin Orbit’s Chapter 11 bankruptcy proceedings, representatives of the companies said […]
Billionaire Richard Branson’s satellite launch startup Virgin Orbit announced it is shutting down and selling off all assets worth $36 million. Branson has had several missteps with his satellite launching venture, particularly the disastrous failed orbital mission in the UK, which had received more than $20 million in funding from […]