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Virgin Orbit, once valued at $3.7B, has been chopped up for parts. The company has concluded the auction for its assets, which were put up for sale as part of its Chapter 11 bankruptcy proceedings. Altogether, the three winning bids come to around $36 million dollars. The winning bids were submitted by Rocket Lab, Launcher […]
TikTok’s lead privacy regulator in Europe takes heat from MEPs 
Virgin Orbit may have found a buyer for some of its assets in hypersonic flight company Stratolaunch, according to new court filings. Stratolaunch submitted a $17 million bid for some assets, including the modified Boeing 747 aircraft “Cosmic Girl,” in a so-called stalking horse bid. Stalking horse bids set the minimum floor price for the […]
Rocket Lab successfully launched an Electron rocket this afternoon with a new satellite for the Argos program, which provides connectivity to a number of scientific endeavors. It’s a milestone for the company, but more importantly marks — easily — the worst pun ever launched into space. The mission was called “It Argos Up From Here.” […]
We’re going to have to wait a little longer for Rocket Lab’s American debut. The company, which is headquartered in Los Angeles, was due to launch a trio of satellites for radio-frequency analytics customer HawkEye 360 to orbit from the company’s new site at Virginia Space’s Mid-Atlantic Regional Spaceport. It would’ve marked the first time […]