Richard Branson’s Virgin Orbit has announced they are selling their assets and will cease operations months after a mission failure in the UK.
In a statement, the “responsive space launch provider” said: “(Our) legacy in the space industry will forever be remembered. Its ground-breaking technologies, relentless pursuit of excellence, and unwavering commitment to advancing the frontiers of air launch have left an indelible mark on the industry.”
The California-based company will sell its assets to four winning bidders.
