VORB / Virgin Orbit halts operations with almost all staff set to be furloughed

A new 3D-printed rocket engine created by Skyrora is undergoing testing in Scotland ahead of plans for launching it into space. The privately-owned ro more_horizontal

Rocket Lab USA RKLB, -8.69% said Tuesday it is finalizing an asset purchase agreement to buy certain aerospace production and manufacturing assets as more_horizontal

Bankrupt satellite-launch company Virgin Orbit Holdings Inc. VORWQ, +28.79% is winding down operations after selling facilities, some equipment and ot more_horizontal

Richard Branson's bankrupt satellite launch firm Virgin Orbit said in a Tuesday court filing it plans to sell the bulk of its Long Beach, California h more_horizontal

Bankrupt rocket company Virgin Orbit received a $17 million "stalking horse" bid for its modified 747 carrier jet and other aircraft assets on Tuesday more_horizontal

Virgin Orbit has pushed back the deadline for rescue bids as the commercial satellite venture founded by Sir Richard Branson scrambles to avert bankru more_horizontal

SVB Financial Group, the onetime parent of Silicon Valley Bank, and Signature Bank will be delisted from the Nasdaq, the Nasdaq Stock Market announced more_horizontal

Richard Branson's Virgin Orbit Holdings Inc. has told interested buyers to submit bids in the next three weeks to purchase the failed satellite launch more_horizontal