$VORB News
Last published 3y ago
- 3y agoVORBSPCEASTRRKLB+1Virgin Orbit was a promising company that could never find a working business modelCNBCVirgin Orbit targeted the small satellite launch market, catering to customers whose satellites weighed up to 500 kilograms or 1,100 pounds.
- 3y agoVORBVirgin Orbit Announces Receipt of Nasdaq Delisting NoticeBusiness WireVirgin Orbit Holdings, Inc. (the "Company" or "Virgin Orbit"), a responsive space launch provider, announced today that it was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq")
- 3y agoVORBVirgin Orbit COO calls out company leadership for failures in goodbye memo. Read the full emailCNBCAn email from Virgin Orbit's outgoing Chief Operating Officer Tony Gingiss appears to call out CEO Dan Hart, although not by name.
- 3y agoCATK-CANEMETSY+9Stocks making the biggest moves midday: General Motors, AMC, Virgin Orbit, Kinross Gold and moreCNBCShares of General Motors dropped on Tuesday's news that about 5,000 white-collar workers at the company will take buyouts.
- 3y agoVORBVirgin Orbit files for Chapter 11 bankruptcy protection in the U.S.CNBCVirgin Orbit on Tuesday filed for Chapter 11 bankruptcy protection in the U.S. after failing to secure a funding lifeline.
- 3y agoVORBVirgin Orbit to Continue Sale Process Under Chapter 11 ProtectionBusiness WireSecures $31.6 million in Debtor in Possession Financing to Fund the Process Virgin Orbit Holdings, Inc. and its U.S. subsidiaries, (the "Company" or "Virgin Orbit"), a responsive space launch provider, announced today
- 3y agoVORBSPCEBAHere's what went wrong with Virgin OrbitCNBCVirgin Orbit is on the brink of bankruptcy after last-ditch efforts to secure funding failed.
- 3y agoGOOGLMELIGNRCBBBY+13Stocks making the biggest moves midday: Bed Bath & Beyond, Digital World Acquisition, Nikola and moreCNBCThese are the stocks posting the largest moves in midday trading.
- 3y agoPACWZIONFRCGNRC+7Stocks making the biggest moves premarket: Bed Bath & Beyond, Nikola, Virgin Orbit and moreCNBCThese are the stocks posting the largest moves before the bell.
- 3y agoVORBSPCEVirgin Orbit ceasing 'operations for the foreseeable future,' laying off 90%CNBCVirgin Orbit CEO Dan Hart gave employees an update in an all-hands meeting on Thursday, according to audio obtained by CNBC.
- 3y agoVORBSPCEVirgin Orbit extends unpaid pause as Brown deal collapses, 'dynamic' talks continueCNBCThe company's late-stage deal talks, including with private investor Matthew Brown, collapsed over the weekend, people familiar with the matter told CNBC.
- 3y agoSPCEVORBBranson Swaps Risk for Reserve in Virgin Orbit’s Costly FlameoutBloombergRichard Branson was long a force to be reckoned with in the booming private space business.
- 3y agoVORBRKLBASTRSATL+4Investing in Space: The latecomerCNBCA small group of Virgin Orbit employees are rolling back into the company's Long Beach, California, headquarters today.
- 3y agoNVDAFRCNKEGME+7Stocks making the biggest moves midday: Nvidia, First Republic, Nike, GameStop and moreCNBCThese are the stocks posting the largest moves in midday trading.
- 3y agoVORBRKLBASTRSPCEVirgin Orbit raising $200 million from investor Matthew Brown, closing deal as soon as ThursdayCNBCVirgin Orbit and Brown began deal talks last week, around the same time the company announced it was pausing operations and furloughing most employees.
- 3y agoGMELAZRWOOFVORB+3Stocks making the biggest moves premarket: GameStop, Luminar Technologies, Virgin Orbit & moreCNBCShares of Richard Branson's Virgin Orbit Holdings soared on a report it is nearing a $200 million investment deal, rescuing it from potential bankruptcy.
- 3y agoVORBVirgin Orbit returning 'small' team from unpaid pause on Thursday to prep for next rocket launchCNBCVirgin Orbit is returning a "small team" to work on Thursday, as the company aims to prepare for its next rocket launch even as its future remains in doubt.
- 3y agoFRCNYCBUBSCSG.N-CH+13Stocks making the biggest moves midday: First Republic, UBS, Virgin Orbit, Dell and moreCNBCFirst Republic fell sharply once again, while UBS popped after acquiring rival Credit Suisse.
- 3y agoVORBSPCEBAGS+1Virgin Orbit scrambles to avoid bankruptcy as deal talks continueCNBCVirgin Orbit senior leadership held daily talks with potential investors through the weekend, people familiar with the matter told CNBC.
- 3y agoVORBVirgin Orbit pauses operations for a week, furloughs nearly entire staff as it seeks fundingCNBCVirgin Orbit is furloughing nearly all its employees and pausing operations for a week as it looks for a funding lifeline.
- 3y agoVORBVirgin Orbit Update on UK Mission AnomalyBusiness WireOn 9 January 2023, during the first attempted orbital launch from the United Kingdom, Virgin Orbit's LauncherOne experienced an anomaly, leading to a premature shutdown of the rocket and failure to reach orbit. Virgin
- 3y agoRKLBASTRVORBNOCAstronaut Sen. Kelly touts 'stunning' space business growth, calls for more rocket competitionCNBCArizona Senator Mark Kelly on Thursday praised the growth of the space industry, and gave a rallying cry for intensified competition.
- 3y agoBAUALAALRKLB+4As record rocket launches crowd airspace, the FAA fights to limit travel disruptionsCNBCSpace companies are launching more rockets than ever, ratcheting up competition for air space just as travelers return to flying in droves.
- 3y agoVORBPoland's SatRev Signs On for Future Virgin Orbit FlightsBusiness WireVirgin Orbit (NASDAQ:VORB) and Poland-based satellite manufacturer SatRev announced a follow-on launch services agreement (LSA) for additional launches of SatRev's satellites in 2023 and beyond. This new agreement
- 3y agoVORBLA-based Embedded Ventures launches inaugural fund, with focus on national security and space techCNBCEmbedded is led by general partners Jenna Bryant and Jordan Noone, the latter who came to the VC side after co-founding 3D rocket printer Relativity Space.
- 3y agoSATSASTRVORBInvesting in Space: Digital orbital dangerCNBCCybersecurity company SpiderOak raised $16.4 million in an oversubscribed round in a space data encryption push.
- 3y agoVORBUpdate on "Start Me Up" Mission AnomalyBusiness WireMission terminated after reaching space but prior to achieving orbit as a result of premature shutdown of first burn of second stage Prior to Start Me Up mission, every customer satellite launched by Virgin Orbit had
- 3y agoDISHON5CV-DEILMN+13Stocks making the biggest moves midday: Bed Bath & Beyond, Coinbase, Virgin Orbit and moreCNBCThese are the stocks posting the largest moves midday.
- 3y agoVORBHistoric UK Mission Reaches Space, Falls Short of OrbitBusiness WireThe historic first attempt to launch satellites from British soil reached space late last night, but ultimately fell short of reaching its target orbit. After successfully taking off from the runway at Spaceport
- 3y agoVORBVirgin Orbit stock plummets after failure of its first UK rocket launchCNBCVirgin Orbit stock fell in trading on Monday evening, after the company confirmed that its first launch out of the United Kingdom failed to reach orbit.
- 3y agoVORBVMUK-GBThe first ever orbital space launch from the UK is due to take off on MondayCNBCThe modified Boeing 747 plane, named "Cosmic Girl," will take off from Spaceport Cornwall in southwest England at 10.16 p.m. local time if conditions allow.
- 3y agoVORBVirgin Orbit Completes Final Successful End-to-end Rehearsal – All Systems Currently 'Green' Proceeding Toward Historic U.K. LaunchBusiness WireUK's first mission partners announce the official opening of the Start Me Up launch window for January 9, 2023. Partners for the United Kingdom's first orbital launch announced today that the initial window for the
- 3y agoVORBVirgin Orbit Receives U.K.'s First Orbital Launch License; All LauncherOne Systems Green for Upcoming MissionBusiness WireThe U.K. Civil Aviation Authority has issued launch and range control licenses to Virgin Orbit (NASDAQ:VORB) to undertake the first satellite launch from UK soil. The granting of these licenses represents a major step
- 3y agoVORBVirgin Orbit CEO to Present at the SHARE Series ConferenceBusiness WireVirgin Orbit (NASDAQ:VORB) ("Virgin Orbit" or the "Company") today announced that Chief Executive Officer, Dan Hart, will present at the SHARE Series Conference, held virtually, on Monday, December 5,
- 3y agoVORBVirgin Orbit CEO to Present at Morgan Stanley's 5th Annual Space SummitBusiness WireVirgin Orbit (NASDAQ:VORB), today announced that Chief Executive Officer, Dan Hart, will present at the Morgan Stanley Space Summit on Tuesday, December 6, 2022 at 8:15 a.m. Eastern Time. One-on-one meetings will be
- 3y agoVORBVirgin Orbit Announces Cessation of Offering ProcessBusiness WireVirgin Orbit Holdings, Inc. (NASDAQ:VORB) ("Virgin Orbit" or the "Company") today announced that it evaluated the possibility of conducting an offering of its securities. Due to current market conditions, the Company
- 4y agoVORBSPCEVORB/SPIR/Virgin Orbit raises $25 million from Branson's conglomerate as cash reserve dwindlesCNBCVirgin Orbit announced that Richard Branson's Virgin Group, an existing shareholder, made an additional $25 million investment on Nov. 4
- 4y agoVORBVirgin Orbit Announces Third Quarter 2022 Financial ResultsBusiness WireBusiness Highlights: July 1, 2022 delivered seven satellites for the Department of Defense Space Test Program (STP) - fourth consecutive successful launch Strong Q3 revenue - $30.9 million Signed multi-year launch
- 4y agoVORBVirgin Orbit CEO to Present at the Deutsche Bank Global Space Summit ConferenceBusiness WireVirgin Orbit (NASDAQ:VORB) announced today that Chief Executive Officer, Dan Hart, will present at the Deutsche Bank Global Space Summit Conference on Wednesday, November 9, 2022, at 10:00 a.m. Eastern Time. A live
- 4y agoVORBVirgin Orbit Announces Date for Third Quarter 2022 Earnings Release and Conference CallBusiness WireVirgin Orbit (NASDAQ:VORB) ("Virgin Orbit" or the "Company") announced today that it will report financial results for the third quarter ended September 30, 2022 after the market closes on Monday, November 7, 2022. The
- 4y agoVORBVirgin Orbit and Luxembourg Minister of Defence Sign Agreement to Advance Allied Responsive Space Capabilities Across EuropeBusiness WireAn agreement today paves way for direct collaboration between the Luxembourg Directorate of Defence and Virgin Orbit on developing responsive space capabilities that would benefit NATO and other Allies. Virgin Orbit
- 4y agoSPIRVORBVirgin Orbit, Spire Global Sign Multilaunch AgreementBusiness WireSpire Global has committed to purchase multiple launches from Virgin Orbit, starting in 2023. The launches will support Spire's growing Space Services business as well as upgrades and enhancements to the company's
- 4y agoVORBVirgin Orbit Announces 'Start Me Up' Mission as Flight Hardware Takes off for Spaceport Cornwall Launch DebutBusiness WireManifest complete, flight hardware departs California for the first orbital launch from U.K. soil The countdown to Cornwall has begun as Virgin Orbit (NASDAQ:VORB) readies for Start Me Up, the newly-titled forthcoming
- 4y agoVORBVirgin Orbit's Next Rocket Ready for CornwallBusiness WireVirgin Orbit (NASDAQ:VORB), a leading responsive launch provider, announced today that its latest rocket has completed a full launch rehearsal and is now ready for flight. The window for the company's next launch, planned to be the first orbital space l
- 4y agoRDWLLAPVORBSpacecraft builder York sells stake to private equity firm AEI at over $1 billion valuationCNBCYork Space Systems is selling a majority stake in the company to private equity firm AE Industrial Partners at an enterprise valuation of $1.125 billion.
- 4y agoRKLBVORBASTRJ+1Firefly's successful rocket launch over the weekend helps fill a big gap in the market, CEO saysCNBCFirefly is the fifth U.S. rocket builder to reach orbit in the past 15 years — joining a select group that includes SpaceX, Rocket Lab, Virgin Orbit and Astra.
- 4y agoVORBWagner Corporation Collaborates with Virgin Orbit to Bring National Air-Launch Capability to AustraliaBusiness WireWagner Corporation and Virgin Orbit have signed an agreement to assess a potential LauncherOne demonstration mission from the Toowoomba Wellcamp Airport. Virgin Orbit (NASDAQ:VORB), a leading launch provider, announced today that it has signed a Memo
- 4y agoGHMVORBBarber-Nichols, A Graham Corporation Company, Recognized by Virgin Orbit as a Critical SupplierBusiness WireGraham Corporation (NYSE:GHM), a global leader in the design and manufacture of mission-critical fluid, power, heat transfer, and vacuum technologies for the defense, space, energy, and process industries, announced that its wholly owned subsidiary, Bar
- 4y agoAJRDASTSASTRBKSY+16Space companies put up a mixed second quarter. Here's who outperformed and who falteredCNBCThe second quarter was a mixed bag for space companies, with some firms posting steady progress while others faced setbacks.
- 4y agoVORBVirgin Orbit Earns AS9100 Certification, Building on Its Perfect Satellite Launch RecordBusiness WireSuccessful audit confirms Virgin Orbit meets stringent requirements for leading worldwide aerospace quality management standard The Performance Review Institute (PRI) Registrar recently certified Virgin Orbit (NASDAQ:VORB) as having met stringent int