Virgin Orbit has laid off most of its staff after failing to secure a funding lifeline to continue with the development of its space solutions business. In comments reported by CNBC, Dan Hart, the company’s CEO, told employees at a ...

Things may be looking up for Richard Branson’s private launch business Virgin Orbit, with reports suggesting the company may have secured new funding and is preparing for an upcoming rocket launch. Virgin Orbit might be returning a small team of ...