All verified mentions of this organization in source documents.
Virgin Orbit expects to fly LauncherOne out of Oita, Japan, in 2023 after signing a memorandum of understanding with ANA Holdings in November 2021.
Virgin Orbit’s previous LauncherOne mission took place about five and a half months after the company’s first successful LauncherOne mission in January 2021.
SatRevolution established a consortium in October 2019 with Virgin Orbit and nearly a dozen Polish universities to design and carry out a dedicated commercial small satellite mission to Mars.
SatRevolution and Virgin Orbit established a strategic partnership in June 2021 to develop business applications for nanosatellites.
Virgin Orbit is a U.S.-based responsive launch and space solutions company with a planned business combination with NextGen Acquisition Corp. II (NASDAQ: NGCA).
SatRevolution and Virgin Orbit plan to jointly offer up to 500 kg of hosted payload services on LauncherOne rockets.
SatRevolution launched two satellites with Virgin Orbit as part of the LauncherOne Tubular Bells: Part One mission.
Virgin Orbit raised less than half of the $483,000,000 originally projected from its SPAC merger with NextGen Acquisition Corp. II in 2021.
The SPAC linked to Virgin Orbit was originally projected to provide up to $383,000,000 but instead contributed $68,000,000 of the $228,000,000 raised after SPAC shareholders requested redemptions.
Virgin Orbit began trading publicly on 2021-12-30 and ended 2021 with its shares down 13 percent after a sharp decline on 2021-12-31.
The merger will provide $228,000,000 in gross proceeds to Virgin Orbit.
Richard Branson and Virgin Orbit executives will mark going public with an opening bell ceremony at Nasdaq on 2021-01-07.
When the merger was announced, the companies projected raising $483,000,000 for Virgin Orbit, consisting of $383,000,000 from SPAC proceeds and $100,000,000 from a concurrent PIPE round.
In an August investor presentation, Virgin Orbit estimated needing $420,000,000 in cash, starting in the second half of 2021, to reach positive cash flow in 2024.
Virgin Orbit took a 17.5% stake in Hypersat, a Virginia-based geospatial analytics company developing a constellation of hyperspectral imaging satellites that will be launched by Virgin Orbit.
The Virgin Group agreed to invest up to $100,000,000 as an additional PIPE in the Virgin Orbit–NextGen merger.
Virgin Orbit planned a launch from Spaceport Cornwall in England in mid-2022.
NextGen Acquisition Corp. II and Virgin Orbit announced their merger on 2021-08-23.
Virgin Orbit has developed a satellite solutions business line that includes equity investments in satellite manufacturers and operators.
Virgin Orbit planned to perform five to six more launches in 2022 after the Above the Clouds mission.