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Virgin Orbit to Resume Part Operations after Funding

In light of Virgin Orbit’s pause operations amidst financial uncertainties, the Launch Company will partly resume operations after nearing a …

Frontiers News News Space Space Economy News

In light of Virgin Orbit's pause operations amidst financial uncertainties, the Launch Company will partly resume operations after nearing a $200 million deal with Venture capital firm Matthew Brown Companies. According to Reuters, the Texas-based company will prevent Virgin Orbit's rocket from bankruptcy via a private share placement.

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Joshua Faleti

Kofoworola Joshua Faleti is the News Editor. He enjoys talking and learning about space and wants to talk about space to anyone who cares to listen. Joshua is interested in Space Law and Policy and how Space can positively impact human lives. Joshua is also a big music lover.