Rocket Lab, Stratolaunch, Vast’s Launcher
Bankrupt rocket company Virgin Orbit sold its assets and equipment to Rocket Lab, Stratolaunch, and Vast’s Launcher in a bankruptcy auction yesterday. The bids amount to about $36 million in total. Virgin Orbit filed for bankruptcy protection on April 4 after the company failed to secure a funding lifeline and laid off nearly its entire workforce. The … [Read more…]