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VORB / Virgin Orbit: A Space SPAC Dream Explodes, Stock Tumbles
VORB News
By Proactive Investors
June 19, 2023
3D-printed rocket engine begins testing in Scotland
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
By Market Watch
May 23, 2023
Rocket Lab agrees to pay $16 million for portion of Virgin Orbit assets
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
By Market Watch
May 23, 2023
Virgin Orbit starts to wind down operations, sell assets: report
Bankrupt satellite-launch company Virgin Orbit Holdings Inc. VORWQ, +28.79% is winding down operations after selling facilities, some equipment and ot more_horizontal
By Reuters
May 23, 2023
Virgin Orbit to sell its manufacturing facility to Rocket Lab
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
By CNBC
May 17, 2023
Virgin Orbit receives $17 million bid for rocket-carrying aircraft in bankruptcy court
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
By Skynews
May 12, 2023
Virgin Orbit delays bid deadline in scramble to find rescuer
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
By Market Watch
April 28, 2023
SVB Financial Group, Signature Bank, Virgin Orbit to be delisted from Nasdaq
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
By Market Watch
April 21, 2023
Virgin Orbit lays out sale plans: report
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