Virgin Orbit Ceases Operations After Failing to Secure Funding

After a failed satellite launch in January, Virgin Orbit is ceasing operations and laying off nearly its entire workforce. The California-based company failed to attract funding for the company to continue and British billionaire Richard Branson, the company’s majority owner, is unwilling to put more money into the…

Read more...



source https://jalopnik.com/virgin-orbit-ceases-operations-after-failing-to-secure-1850287506

Comments

Post a Comment

Popular posts from this blog

NHTSA Investigates 2022-2023 Honda Civics for ‘Sticky’ Steering

Image
Steering seems to be the latest challenge facing the world’s automakers in 2023. After the National Highway Traffic Safety Administration (NHTSA) announced it was investigating Tesla over claims that its steering wheels were falling off , the U.S. regulator is now looking into claims that the steering on newer Honda… Read more... source https://jalopnik.com/nhtsa-investigates-2022-2023-honda-civics-for-sticky-1850257463
Read more

This Formula 1 Newsletter Is for All the Women Who Watch Racing

Image
I love a lot of things about Formula 1 , but if there’s one thing I adore , it’s the off-track drama (I did, after all, write a book about the greatest sponsor drama of the modern era ). The racing is great — but so is catching up on the latest Instagram spat or poorly-worded interview quote. And for all of you out there… Read more... source https://jalopnik.com/this-formula-1-newsletter-is-for-all-the-women-who-watc-1849563178
Read more