Branson’s Virgin Orbit files for bankruptcy, to seek buyer
WASHINGTON -Richard Branson’s Virgin Orbit Holdings filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company failed to secure the long-term funding needed to help it recover from a January rocket failure. The Long Beach, California-based company lodged the filing in the U.S. Bankruptcy Court for the District of Delaware seeking a sale of its assets after announcing the layoff of … Continue reading Branson’s Virgin Orbit files for bankruptcy, to seek buyer
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