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Richard Branson's Virgin Orbit Said To Extend Operations Halt After $200M Deal Talks Collapse
Tuesday, March 28, 2023 - 3:34am | 385Richard Branson‘s Virgin Orbit Holdings Inc (NASDAQ:VORB) is reportedly extending its halt in operations. What Happened: Virgin Orbit is extending its pause in operation to pursue investment, CNBC reported, citing a company-wide mail by CEO Dan Hart. Last week, it was reported that Virgin Orbit is...
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Richard Branson's Virgin Orbit Said To Recall Some Furloughed Workers To Upgrade Rockets
Wednesday, March 22, 2023 - 1:55am | 347Richard Branson‘s Virgin Orbit (NASDAQ:VORB) is reportedly planning to return a small group of employees on Thursday. What Happened: Virgin Orbit plans to bring back a small group of employees on Thursday to work on rocket upgrades, reported Reuters, citing three people familiar with the...
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Virgin Orbit Nears SPAC Merger: What Investors Should Know
Monday, June 14, 2021 - 11:08am | 475A highly anticipated SPAC merger could be announced within the coming weeks, according to Sky News. What Happened: Virgin Orbit, a satellite launch company owned by Sir Richard Branson’s Virgin, could announce a SPAC merger, the report said. The company is 80% owned by Virgin Group and...