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…

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

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