| Founded | 2017 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Mobility |
| Total raised | ~$1B |
| Collapse type | Sudden Collapse |
| Founder | Richard Branson / Dan Hart |
Virgin Orbit
"Richard Branson's airborne rocket company ran out of cash 10 weeks after a catastrophic launch failure"
Unexpected shutdown within weeks of a trigger
Key Events Timeline
Virgin Orbit was spun out of Virgin Galactic in 2017 to develop a unique airborne launch system: a modified Boeing 747 named Cosmic Girl would carry a rocket called LauncherOne to 35,000 feet and release it mid-air, igniting the rocket to reach orbit.
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