
Richard Branson’s Virgin Orbit furloughs staff, halts operations
The Richard Branson-founded satellite launch firm and sibling company of space tourism venture Virgin Galactic, has paused..
Virgin Galactic is a spaceflight company founded by Richard Branson and the Virgin Group conglomerate which retains an 11.9% stake through Virgin Investments Limited. It is headquartered in California, and operates from New Mexico. The company is developing commercial spacecraft and aims to provide suborbital spaceflights to space tourists. Virgin Galactic's suborbital spacecraft are air launched from beneath a carrier airplane known as White Knight Two. Virgin Galactic‘s maiden spaceflight occurred in 2018 with its VSS Unity spaceship. Branson had originally hoped to see a maiden spaceflight by 2010, but the date was delayed for several years, primarily due to the October 2014 crash of VSS Enterprise.
The Richard Branson-founded satellite launch firm and sibling company of space tourism venture Virgin Galactic, has paused..