Tag Archives: Virgin Orbit

$25 million raise, revised outlook

[ad_1] Virgin Orbit’s modified 747 jet “Cosmic Girl” releases the company’s LauncherOne rocket for a mission on January 13, 2022. Virgin Orbit Virgin Orbit raised $25 million, the company announced Monday alongside its third-quarter results, as the alternative rocket launcher faces a dwindling cash reserve. The company disclosed that Richard …

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Rockets are only the beginning

[ad_1] An Electron rocket launches from New Zealand on Aug. 4, 2022. Rocket Lab CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the …

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York Space hits $1 billion valuation after AEI investment deal

[ad_1] One of the company’s spacecraft in orbit. York Space Spacecraft manufacturer York Space Systems is selling a majority stake in the company to private equity firm AE Industrial Partners at an enterprise valuation of $1.125 billion, CNBC has learned. The deal, announced on Tuesday, makes York the latest space …

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