Stratolaunch purchased Virgin Orbit's modified Boeing 747 rocket launcher named Cosmic Girl for $17 million, with other assets going to three different bidders.
Axiom Space and Virgin Galactic are hoping to launch astronauts to space in late May, but these companies have very different missions in mind.
Virgin Orbit may be dead, but Richard Branson's other space venture is getting closer to resuming its commercial space tourism services.
The company received $31.6 million in Debtor in Possession financing from its investment firm and is currently seeking a buyer.
The company's inability to secure new funding has placed the space venture in serious jeopardy.
Isar Aerospace recently secured $165 million in funding to gear up for the inaugural launch of its Spectrum rocket.
Richard Branson's private space company was forced to halt its operations following a failed launch attempt earlier this year that triggered financial turmoil.
The financially stricken company is returning a small group of its furloughed staff to work and may be on the verge of a $200 million investment deal.
The Richard Branson-founded company paused all operations and furloughed most of its staff last week.
Times are tough for some commercial launch providers, but Astra and Virgin Orbit's troubles aren't due to Silicon Valley Bank's failure.
A shareholder is up in arms after reports surfaced that the company misrepresented its Unity spaceplane, causing its stock price to plummet.
News of the test lifted Virgin Galactic's stock value by over 13%, but it's still not clear when tourist flights to space will resume.
The company's CEO says a filter likely became dislodged within the rocket's second stage, leading to the crash.
Virgin Orbit just received a $10 million boost from Branson’s investment company, marking its third cash injection in as many months.
Luxembourg’s defense department wants to evaluate Virgin Orbit’s LauncherOne system as a means for “strengthening” NATO and other allies.
Astronauts have worn many different outfits over the years—they haven't all had the right stuff.
From three-day jaunts in low Earth orbit to a romantic ride in a space balloon, there's an option for practically everyone. But also no one.
I’ve seen things you people wouldn’t believe. The Capitol riot. I watched NFTs glitter in the dark. All those moments will be lost in time, like tears in rain.
Space ain't what it used to be, nor will it ever be the same again, as this year so aptly demonstrated.
A 17-year-old program to recognize commercial astronauts is ending, but not before the last set of astronaut wings get handed out.
