Virgin Orbit is halting all operations for a week to save money while it “conducts discussions with potential funding sources and explores strategic opportunities,” the company announced in an SEC filing. The company has been struggling financially and a recent launch failure clearly exacerbated those issues. The January launch was accompanied by much fanfare, as […]
Virgin Orbit pauses operations for a week to conduct a search for cash by Devin Coldewey originally published on TechCrunch...