Quick Glance: Virgin Orbit Sells Assets in Bankruptcy Auction
- Bankrupt satellite launcher Virgin Orbit has officially shut down after selling off its assets to three winning bidders at auction, as confirmed by the company on Tuesday.
- Launcher, a subsidiary of Vast Space, acquired the Mojave-based facilities for $2.7 million.
- Virgin Orbit's attempt to find a wholesale buyer to keep the company's assets intact was unsuccessful.
- Virgin Orbit's legacy in the space industry will always be remembered.
Quick Glance: SpaceX plans to launch the world's most powerful rocket on Monday.
- How to Watch SpaceX's Mighty Falcon Heavy Launch on its Sixth Mission
- The SpaceX Crew-6 members arrived safely at the International Space Station.
- Launch of a SpaceX Falcon 9 rocket carrying the Crew-4 astronauts from Kennedy Space Center.
- NASA and SpaceX are finalizing plans for the first crewed launch from the United States to the International Space Station (ISS) since October 2022.
Quick Glance: How will the banking crisis affect the Federal Reserve? Higher interest rates and a recession may be on the way.
- While there is no set number for employment or interest rates, the Federal Reserve has set a 2% inflation target.
- "The Fed's rate hikes are working."
- At the time, experts predicted that the next rate hike would be similar.
- That is, until the February inflation and employment data came in strong.
- Others believe a quarter-point or even a half-point increase is still on the way, citing the Fed's responsibility to manage inflation and employment.
About 675 employees will lose their jobs, and the company expects to take related charges of about $15 million, Virgin Orbit said in a regulatory filing ... Show more https://yhoo.it/3zi7fKV
Startup Relativity Space successfully launched its Terran 1 rocket from its launch complex at Cape Canaveral, Florida, after two previous attempts had been ... Show more https://trib.al/9kMCK3K
It has emerged that Cornwall Council has paid over £1 million to Sir Richard Branson's Virgin Orbit company after the space launch success from Newquay ... Show more https://bit.ly/3YvJIRf
Quick Glance: Live coverage of the first UK space launch from Cornwall
- Cosmic Girl is returning to Cornwall after releasing LauncherOne.
- Cosmic Girl arrives at the launch site.
- Virgin Orbit's Cosmic Girl lifts off from Spaceport Cornwall, marking the first satellite launch from British soil.
- Cosmic Girl can be spotted on her way to the launch site for the Virgin Orbit rocket LauncherOne.
🇬🇧✈️🚀 Virgin Orbit’s 747 ‘Cosmic Girl’ has just taken off from Spaceport Cornwall with its Launcher One rocket under the wing for the #StartMeUp launch ... Show more https://www.flightradar24.com/2ecccaf4
We're LIVE with the Virgin Orbit Launch from Spaceport Cornwall.
Slightly later than expected, takeoff is expected around 2200 UTC
Quick Glance: The maiden launch will catapult Britain's space industry into the big leagues.
- Satellites are built and tested near Didcot.
- The first ever space launch from British soil took place last night, when a Virgin Orbit jumbo jet took off from Newquay airport, also known as Spaceport Cornwall, and flew out over the Atlantic to drop the rocket and watch it shoot into space.