Virgin Orbit extends employee furlough after finance deal falls through: report

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Talks with two separate buyers collapsed over the weekend as Virgin Orbit seeks more cash to continue launch operations, a media report suggests.

Elizabeth Howell , Ph.D., is a staff writer in the spaceflight channel since 2022 covering diversity, education and gaming as well. She was contributing writer forfor 10 years before joining full-time, freelancing since 2012.

Elizabeth's reporting includes multiple exclusives with the White House and Office of the Vice-President of the United States, an exclusive conversation with aspiring space tourist Lance Bass, speaking several times with the International Space Station, witnessing five human spaceflight launches on two continents, working inside a spacesuit, and participating in a simulated Mars mission. Her latest book,"Why Am I Taller?", is co-written with astronaut Dave Williams.

 

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Virgin Orbit stock plunges as company continues funding searchThe satellite-launch company’s stock plunged amid a report that its funding search continues. It’s been plunging since July 2021 … It's unfortunate that Virgin Orbit's stock has taken a dip, but hopefully they'll find funding soon to keep moving forward.
Source: MarketWatch - 🏆 3. / 97 Read more »