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Virgin Orbit files for Chapter 11 bankruptcy protection in the U.S.

Virgin Orbit on Tuesday filed for Chapter 11 Bankruptcy Protection in the U.S. after failing to secure a funding lifeline. The California-based satellite launch company lodged the filing in the U.S. Bankruptcy Court in the District of Delaware and is looking to sell its assets. It comes after CNBC obtained audio of Virgin Orbit CEO […]

The post Virgin Orbit Files for Chapter 11 bankruptcy protection in the U.S. appeared first on Balanced News Summary.



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Virgin Orbit files for Chapter 11 bankruptcy protection in the U.S.

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