AstronomyVirgin Orbit pauses operations while it looks for funding

Virgin Orbit pauses operations while it looks for funding

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Launch firm Virgin Orbit has quickly halted operations and furloughed most of its staff because it seems to be for funding, based on media experiences.

Virgin Orbit is standing down for every week, “with solely a small workforce persevering with to work,” CNBC reported on Wednesday (opens in new tab) (March 15). The corporate expects to offer an replace in regards to the state of affairs to staff by subsequent Wednesday (March 22) or Thursday (March 23).





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