Tag: Virgin Group

  • Virgin Orbit pauses operations amid financial troubles

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    Virgin Orbit’s carrier aircraft, a modified Boeing 747 jumbo jet, takes off from Mojave Air and Space Port in California with a LauncherOne rocket under its left wing. Credit: Virgin Orbit Virgin Orbit announced last week it is pausing operations after sustained financial losses, furloughing most of the company’s approximately 750 employees as officials seek…