Verified facts grounded in source documentation.
Virgin Orbit retracted an initial claim that the upper stage had reached orbit nearly a half-hour after the 2023-01-09 launch.
Virgin Orbit has since raised $45,000,000 in two separate tranches from Virgin Group and Virgin Group’s investment arm.
Virgin Orbit’s first LauncherOne mission from the United Kingdom failed to reach orbit on 2023-01-09 due to an anomaly that caused a premature shutdown of the rocket’s upper stage.
Virgin Orbit’s first launch from the United Kingdom failed to reach orbit on 2023-01-09.
Virgin Orbit raised $25,000,000 from Virgin Group in early 2022-11-01 and an additional $20,000,000 from Virgin Investments Limited on 2022-12-20.
Virgin Orbit raised $20,000,000 from Virgin Investments Limited through a convertible note, as disclosed in a U.S. Securities and Exchange Commission filing on 2022-12-20.
Virgin Orbit’s ‘Start Me Up’ mission will launch from Spaceport Cornwall operating out of Cornwall Newquay Airport.
Virgin Orbit reported an EBITDA loss of $42,900,000 in the third quarter of 2022.
Virgin Orbit raised $25,000,000 from Virgin Group earlier in November 2022.
Virgin Orbit will launch the satellite carrying NorthStar Earth & Space’s payload in mid‑2023.
Virgin Orbit raised $25,000,000 in new funding from Virgin Group on 2022-11-04.
Virgin Orbit will deploy payloads to a precise, targeted orbit using its LauncherOne system.
Virgin Orbit and the Luxembourg Minister of Defence signed a Letter of Intent to start the process toward developing responsive space capabilities inclusive of mobile launch infrastructure based in Luxembourg.
The launches from Virgin Orbit will support Spire Global’s Space Services business and upgrades and enhancements to Spire Global’s fully deployed satellite constellation.
Virgin Orbit’s most recent rocket completed its full wet dress rehearsal on 2022-10-02, three months after the successful Straight Up mission.
The first of Virgin Orbit’s hardware will begin transport to Cornwall, U.K. on Sunday, 2022-10-09 and is due to arrive at Spaceport Cornwall on Tuesday, 2022-10-11.
Virgin Orbit is slated to launch the first low Earth orbit satellites for British quantum-technology encryption startup Arqit in 2023.
Virgin Orbit achieved four consecutive successful launches following its inaugural launch failure in 2020.
Virgin Orbit reported no revenue in the second quarter and a net loss of $33,300,000 in its second quarter earnings release on 2022-08-12.
Virgin Orbit raised $50,000,000 by exercising part of a standby equity purchase agreement with Yorkville Advisors that was announced in March.