Virgin Orbit has paused its operations and furloughed its staff for at least a week in the event of recent financial challenges. According to a statement the Company released on March 15, Virgin Orbit said it was instituting an “operational pause” across the company, which includes furloughing staff. A Company spokesperson stated that the launch vehicle company is initiating a company-wide operational pause, effective March 16, 2023, and anticipates providing an update on go-forward operations in the coming weeks.
