Among the private space companies Virgin Orbit, It does not fall off the agenda with bad news. This time, one of the last expected steps was taken.
Billionaire Richard Branson founded by Virgin Orbit company, for those who don’t know Boeing 747 It was able to achieve very few space developments in 2022. The company, which wanted to change that in 2023, had started the year very badly. The company does not go to space with a Boeing 747 as part of its space missions, but instead uses a different infrastructure. custom developed Cosmic Girl a named Boeing 747 The company, which raises the commercial satellites to approximately 35-40 thousand feet with the company, takes the space under the plane and carries the satellites within its structure. LauncherOne with a rocket named This is exactly what was targeted in the past months, but There was a problem with LauncherOne in the process. As part of the UK-based mission Cosmic Girl It took off without any problems and reached the specified height. Then when the Atlantic Ocean is reached LauncherOne ignited, where the rocket left the plane, but experienced a technical problem en route and failed to reach low earth orbit. in the process LauncherOne carried with nine commercial satellites lost, Cosmic Girl is back with no issues. At work After this negative event, things did not go well, The firm has recently ceased all its activities And lay off 85% of its workforce announced. To continue operationally stating that they could not find the additional financing needed The firm filed for bankruptcy today, headquartered in the USA. found.
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About last week’s step “Unfortunately, we were unable to secure sufficient financing for the company. We have no choice but to make urgent, dramatic and extremely painful changes.” said Dan Hart, CEO of Virgin Orbit. specifically announced that they would lay off 675 people.. Billionaire for the company to come to prominence again in this field before Richard Branson We said it was possible over the internet, but after the bankruptcy filing, hope was completely lost. The company of Elon Musk, currently the leader of the private space market SpaceX and this is not expected to change in the near future. However, especially to SpaceX An alternative is needed for throwing small payloads into space.