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Launcher Space

US

Launcher Space (acquired by Vast Space in February 2023) was an American aerospace company that developed launch vehicles and rocket engines for small satellites. They focused on creating efficient liquid propellant rocket engines, like the E-2, utilizing liquid oxygen and kerosene. Their primary offering was low-cost rockets designed to deploy small satellites into orbit. Keywords associated with Launcher Space include: launch vehicle, rocket engine, small satellites, orbital transfer vehicle.

commercial
History · 1 eventMay 23, 2023 · Virgin Orbit files for bankruptcy, assets sold to Rocket Lab, Stratolaunch, and Vast/Launcher
United States
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Organization history

Identity changes, mergers, acquisitions, splits, and transferred business lines.

1 event

  1. May 23, 2023Dissolution

    Virgin Orbit files for bankruptcy, assets sold to Rocket Lab, Stratolaunch, and Vast/Launcher

    Source
    Buyer
    Launcher Space
    Buyer
    Rocket Lab
    Buyer
    Stratolaunch
    Dissolved organization
    Virgin Orbit
    Event context

    Virgin Orbit filed for Chapter 11 bankruptcy April 4, 2023 after failing to secure funding and laying off nearly its entire workforce. In a May 23, 2023 bankruptcy auction (~$36M total), assets were sold to Rocket Lab ($16.1M, Long Beach HQ), Stratolaunch ($17M, the "Cosmic Girl" 747), and Vast's Launcher subsidiary ($2.7M, Mojave facility/equipment); the company then ceased operations with no single successor.

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