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The Latest Breaking News from Virgin Orbit Holdings Inc

Richard Branson’s Virgin Orbit to liquidate, sell off assets to Stratolaunch, Rocket Lab

Stratolaunch LLC and Rocket Lab USA Inc. are among the buyers for assets of Virgin Orbit Holdings Inc., the bankrupt space-launch company tied to billionaire Richard Branson.

Tribune News Service

Volume in This Stock Is out of This World, and It’s Time to SELL

The outlook for satellite launching company VORB looks highly uncertain following its recent announcement of filing for Chapter 11 bankruptcy protection after failing to secure a funding lifeline. The stock was heavily traded following this news. Given its poor fundamentals, it could be wise to sell this risky stock if…

StockNews.com

Branson’s rocket-launch firm Virgin Orbit files for bankruptcy

Virgin Orbit Holdings Inc. filed for bankruptcy after the satellite launch firm tied to British billionaire Richard Branson failed to secure the funding needed to keep operating and cut about 85% of its staff.

Tribune News Service

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Virgin Orbit ceases operations after failing to find funding

Virgin Orbit Holdings Inc., the satellite-launch company tied to British billionaire Richard Branson, is ceasing operations indefinitely, succumbing to growing cash-crunch pressures that have paralyzed startups in many emerging technologies.

Tribune News Service

3 Stocks with Monster Upside Potential, According to Wall Street

Despite the recent market pullback due to rising Treasury yields, expectations regarding the Fed’s tighter monetary policy, and declining oil prices amid COVID-19 lockdowns imposed in China, quality growth stocks that seem relatively resistant to the market’s uncertainties are attracting investors’ attention. Thus, Wall Street analysts suggest buying fundamentally solid…

StockNews.com

Virgin Orbit Collaborates With POLSA To Advance Domestic Space Capabilities In Poland

Virgin Orbit Holdings Inc (NASDAQ:VORB) has signed a letter of intent with the Polish Space Agency (POLSA) to conduct a detailed analysis of LauncherOne's practical applications in support of Poland's science and economy industries. POLSA conveyed its strong interest in bringing a domestic launch capability to Poland, a development made possible through Virgin…

Benzinga

NASA Picks Virgin Orbit To Provide Launch Services Through VADR Contract

NASA has selected Virgin Orbit Holdings Inc (NASDAQ:VORB) to provide launch services through Venture-Class Acquisition of Dedicated Rideshare (VADR) contract. The contract has a five-year ordering period with a maximum total value of $300 million and will be managed by the Launch Services Program at NASA's Kennedy Space Center in Florida. "The VADR…

Benzinga

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Why Virgin Orbit Shares Are Rising

Virgin Orbit Holdings Inc (NASDAQ: VORB) shares are trading higher by 6.8% at $8.42 Thursday afternoon after the company announced it has been selected by NASA to provide launch services through the VADR contract.

Benzinga

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