Verified facts grounded in source documentation.
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.
Virgin Orbit previously invested in Sky and Space Global, a company developing a constellation of communications satellites.
Virgin Orbit made a $30,000,000 Series B investment in Polish company SatRevolution on 2021-12-14, valuing SatRevolution at $150,000,000.
Virgin Orbit acquired a 17.5 percent stake in hyperspectral Earth-imaging company Hypersat.
Virgin Orbit completed back-to-back flawless launches prior to preparing the LauncherOne mission Above the Clouds.
Virgin Orbit positions its air-launched LauncherOne capability as able to provide responsive launch services on short notice if satellites are rendered incapable or attacked.
Virgin Orbit is seeking to grow its military business by proving that rockets launched from airplanes in flight can serve as instruments of national security.
Virgin Orbit’s factory in Long Beach, California is sized to produce 20 rockets per year.
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 intends to launch from Andersen Air Force Base in Guam once its launch license is approved.
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 and SwRI will evaluate opportunities to jointly develop and launch missions to space, including deploying satellite constellations to provide comprehensive space service offerings to customers.
Virgin Orbit completed its first successful launch in January from the Mojave Air and Space Port in California.
Virgin Orbit intends to launch from Spaceport Cornwall in England once its launch license is approved.
Virgin Orbit intends to launch from Spaceport Cornwall in England once its launch license is approved.
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.
Virgin Orbit intends to launch from Spaceport Cornwall in England and from Andersen Air Force Base once its launch license is approved.