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  1. 3 days ago · In March 2017, Virgin Galactic spun off its 200-member LauncherOne team into a new company called Virgin Orbit. Point to point suborbital travel. In 2016 TSC, Virgin Galactic and the Virgin Group began a collaboration with Boom Technology to develop a supersonic trans-oceanic passenger jetliner.

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    • $2.31m (2022)
  2. 5 days ago · Then, if all goes well, Virgin Galactic, the space venture founded by Richard Branson, is set to fly a mission of its own on June 8, sending another crew of four and two pilots to the edge of ...

  3. 3 days ago · While Spaceport Cornwall holds the honor of being the first UK-licensed Spaceport, its commercial partner, Virgin Orbit, closed following the loss of its first orbital launch attempt from the UK ...

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  5. 1 day ago · Virgin Orbit ceases operations; UK Space Agency announces £50m space fund Wed 24 May 2023 In contrasting news for the UK space industry, it has been confirmed that Virgin Orbit will permanently cease operations, following its failed rocket launch earlier this year.

  6. 5 days ago · Satellite launch service Virgin Orbit registered for bankruptcy in 2023, less than 18 months after completing a merger with blank-check firm NextGen. Virgin Group’s stake in the business...

  7. www.forbes.com › profile › richard-bransonRichard Branson - Forbes

    Branson's rocket company Virgin Orbit, which went public in 2021 at a $4 billion valuation, went bankrupt in 2023 and sold its assets. His digital bank Virgin Money, his largest public holding,...

  8. 1 day ago · If the rocket's launch is a success, it will make Australia the 11th country to put a spacecraft into orbit. From there the action really begins, as Gilmour will be competing against the likes of SpaceX and Virgin Galactic for defence and commercial contracts. After raising $55 million in February, Gilmour Space Technologies was valued at over ...

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