Virgin Orbit receives another small investment from Branson—and it’s worrisome

Quick Summary:

More clarity on the company's financial situation should come by late March.

Virgin Orbit drops its LauncherOne rocket from a modified Boeing 747-400 named Cosmic Girl.

But there are a few things in the filing that raise concerns about the financial solvency of the US-based small-launch company.

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Article Details

Author / Journalist: Eric Berger

Category: Technology

Markets: United States

Topics: Science Richard Branson Virgin orbit Space

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-02-01 @ 15:25:05 (1 months ago)

News Timezone: GMT -5:00

News Source URL: arstechnica.com

Language: English

Article Length: 160 words

Reading Time: 1 minutes read

Sentences: 34 lines

Sentence Length: 5 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Ars Technica

News ID: 5051721

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About Ars Technica

Main Topics: Technology

Official Website: arstechnica.com

Year Established: 1998

Headquarters: United States

News Last Updated: 9 hours ago

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Publisher ID: #32

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