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Benzinga

Business

Akanksha Bakshi

Virgin Orbit Collaborates With POLSA To Advance Domestic Space Capabilities In Poland

Poland Virgin Orbit Dan Hart Virgin Orbit Holdings Inc

Virgin Orbit Holdings Inc (NASDAQ:VORB) has signed a letter of intent with the Polish Space Agency (POLSA) to conduct a detailed analysis of LauncherOne's practical applications in support of Poland's science and economy industries.
POLSA conveyed its strong interest in bringing a domestic launch capability to Poland, a development made possible through Virgin Orbit's air-launched LauncherOne system.
"Today's agreement marks an important step to providing assured access to space for Poland and surrounding nations--serving Polish industry, science and security," commented Virgin Orbit CEO Dan Hart.
Price Action: VORB shares are trading higher by 7.79% at $6.50 on the last check Thursday.

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