Virgin Orbit files for Chapter 11
Less than a week after saying it would lay off almost all its staff, Virgin Orbit filed for bankruptcy under the relatively lenient Chapter 11 provisions offered in the US. The April 4 announcement fo...
Less than a week after saying it would lay off almost all its staff, Virgin Orbit filed for bankruptcy under the relatively lenient Chapter 11 provisions offered in the US. The April 4 announcement fo...
Virgin Orbit is cutting "approximately 675 employees" or 85% of its workforce, it said in a Securities and Exchange Commission (SEC) filing on March 30. The cut is "to reduce expenses in light of the...
Virgin Orbit's first attempted launch from the UK failed due to an "anomaly" that caused a "premature shutdown". Virgin said a fuel filter was "dislodged from its normal position" while the fuel pump ...
French aerospace company and airframe manufacturer Airbus is shipping its JUICE (JUpiter ICy moons Explorer mission) spacecraft from its headquarters in Toulouse to French Guiana. The spacecraft has b...
Sweden-based GKN Aerospace said it has penned a deal to supply turbines and nozzles to ArianeGroup. The contract, GKN said, is to take in the "manufacturing and supply of units for the next 14 Ariane ...
A four-year-old space tech startup company from India, Skyroot Aerospace, has raised $51 million in a Series-B financing round. This is by far the biggest funding round ever in the Indian space-tech s...
Mitsubishi Aircraft Corporation announced executive personnel changes. These changes will be effective from April 1, 2020 and are intended to facilitate pursuit of type certification of SpaceJet M90. ...
Mitsubishi Aircraft Corporation announced today that it has completed the maiden flight of Flight Test Vehicle 10 (FTV10), the first Mitsubishi SpaceJet M90 in final, certifiable baseline configuratio...
Triumph Group has agree to sell its Nashville based assembly operations to an affiliate of TECT Aerospace, which manufactures complex aerostructure components, parts and assemblies. The Nashville o...
Boeing is investing $20 million in Virgin Galactic, a vertically integrated human spaceflight company. The companies will work together to broaden commercial space access and transform global trav...
Boeing is relocating the headquarters of its Space and Launch division, from its current base in Arlington, Virginia to Titusville, Florida. “Looking to the future, this storied Florida space communit...
Boeing will acquire Millennium Space Systems, a provider of agile, flight-proven small-satellite solutions, under an acquisition agreement that will expand Boeing's satellite and space portfolio, tale...
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