Branson's Virgin Orbit files for bankruptcy

Virgin Orbit Holdings

04/04/2023 06:27

By Joey Roulette
       WASHINGTON, April 4 (Reuters) - Richard Branson's Virgin
Orbit Holdings  VORB.O  filed for Chapter 11 bankruptcy after
the satellite launch company failed to secure the long-term
funding needed to help it recover from a January rocket failure.

 (Reporting by Joey Roulette; Additional reporting by Jahnavi
Nidumolu; Editing by Tom Hogue)
 ((Joey.Roulette@thomsonreuters.com; 7034696632;))