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Space
Space
Science
Elizabeth Howell

HISTORICAL FACTS: Virgin orbit restarts operations with small team as it works on finance deal reports - The Untold Story

747 airplane dropping a small rocket with the curve of earth within view

Launch company Virgin Orbit is returning a "small" team to operations from furlough to prepare for its next launch as it approaches a financing deal, according to media reports.

Virgin Orbit, facing cash flow issues, furloughed all but a small number of employees on March 15 and has spent the last week looking for new funding and securing restructuring firms as a backup plan, according to various media reports.

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