Virgin Orbit Reportedly Preparing for Insolvency in Wake of Rocket Failure

Virgin Orbit Reportedly Preparing for Insolvency in Wake of Rocket Failure

Upworthy

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Richard Branson’s private space venture Virgin Orbit is reportedly planning for insolvency in the event it’s not able to secure new funding, according to Sky News. The company is working with two restructuring firms, Alvarez & Marsal and Ducera , to develop a backup plan as it continues talks with…

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