It looks as though things may have gone from bad to worse at Virgin Orbit, the satellite carrying spin-off of Richard Branson’s space tourism company Virgin Galactic. After a disappointing launch failure earlier in the year, CNBC is now reporting the company will halt operations and furlough most employees for at least a week as it seeks new funding.
It’s no secret that company has struggled to find its footing since it was formed in 2017. On paper, it was an obvious venture — Virgin Galactic already had the White Knight Two carrier aircraft and put plenty of R&D into air-launched rockets, it would simply be a matter of swapping the crewed SpaceShipTwo vehicle for the LauncherOne orbital booster. But upgrades to the rocket eventually made it too large for the existing carrier aircraft, so the company instead purchased a Boeing 747 and modified it to lift their two-stage rocket out of the thick lower atmosphere. Continue reading “Virgin Orbit Pauses Operations, Seeks Funding”