Verified facts grounded in source documentation.
Virgin Orbit has raised $55,000,000 in debt since November from Virgin Investments Limited, the investment arm of Virgin Group.
Virgin Orbit has since raised $45,000,000 in two separate tranches from Virgin Group and Virgin Group’s investment arm.
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 $25,000,000 from Virgin Group earlier in November 2022.
Virgin Orbit raised $25,000,000 in new funding from Virgin Group on 2022-11-04.
Virgin Group committed to purchasing supersonic jets under development by Boom Supersonic with The Spaceship Company, a subsidiary of Virgin Galactic, working with Boom on aircraft design.
Virgin Group had an agreement with the Public Investment Fund of Saudi Arabia in October 2017 that would have resulted in a $1,000,000,000 investment in Virgin’s space companies, and Richard Branson later terminated that deal in reaction to the murder of Jamal Khashoggi.