All verified mentions of this organization in source documents.
In June, Virgin Orbit completed its second successful flight to space, Tubular Bells: Part One, which delivered several payloads for the U.S. Department of Defense Space Test Program to a precise target orbit.
Virgin Orbit completed its first successful launch in January from the Mojave Air and Space Port in California.
Virgin Orbit signed a Memorandum of Understanding with the Southwest Research Institute, an independent non-profit research and development organization, to establish a new collaboration.
Virgin Orbit plans to launch small satellites that weigh up to 500 kg.
Virgin Orbit intends to launch from Andersen Air Force Base in Guam once its launch license is approved.
Virgin Orbit will assess the possibility of manufacturing SwRI Space Vehicle platforms at its manufacturing hub in Long Beach, California.
Virgin Orbit completed its second successful launch in June from the Mojave Air and Space Port in California.
The Federal Aviation Administration released its final environmental assessment on 2021-08-27 finding no significant impact for Virgin Orbit to conduct launches using its Boeing 747-400 carrier aircraft and LauncherOne rocket from Andersen Air Force Base in Guam.
Virgin Orbit plans to launch small satellites that weigh up to 500 kg.
Virgin Orbit intends to launch from Spaceport Cornwall in England and from Andersen Air Force Base once its launch license is approved.
The majority of Virgin Orbit’s projected revenue through 2026 would come from its current launch business using the LauncherOne rocket.
Virgin Orbit estimates $15,000,000 in revenue in 2021.
Virgin Orbit forecasts reaching $2,060,000,000 in revenue by 2026 through double- and triple-digit percentage growth.
Virgin Orbit plans to launch its first four satellites in early 2023, consisting of two satellites with IoT payloads and two satellites with imagery payloads.
Virgin Orbit will merge with NextGen Acquisition Corp. II in a deal expected to close at the end of 2021.
Virgin Orbit will establish a space solutions business to develop and launch a constellation of satellites to provide Internet-of-Things and Earth observation services.
The merger and funding round provide Virgin Orbit with as much as $483,000,000 in capital before transaction expenses.
The SPAC merger and concurrent funding provide Virgin Orbit with as much as $483,000,000 in capital before transaction expenses.
Virgin Orbit estimates negative EBITDA of $155,000,000 in 2021, near break-even EBITDA in 2023, positive EBITDA of $229,000,000 in 2024, and positive EBITDA of $854,000,000 in 2026.
Virgin Orbit plans to launch its first four satellites in early 2023, consisting of two satellites with IoT payloads and two satellites with imagery payloads.