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Commercialization

Launcher Shakeout? Virgin Orbit Imposes Workforce Furlough

By Keith Cowing
NASA Watch
NASAWatch
March 15, 2023
Filed under ,
Launcher Shakeout? Virgin Orbit Imposes Workforce Furlough
Virgin Orbit
Virgin Orbit

“During a panel discussion at Satellite 2023 Conference on Wednesday afternoon, United Launch Alliance (ULA) CEO Tory Bruno predicted there would be a shake out among small launch providers over the next 24 months that could leave only one or two companies standing. CNBC reports that process might have already begun earlier in the day with Richard Branson’s struggling launch provider.” Full story and analysis: Cash-strapped Virgin Orbit Furloughs Almost All Staff, Pauses Operations for a Week at Parabolic Arc.

NASA Watch founder, Explorers Club Fellow, ex-NASA, Away Teams, Journalist, Space & Astrobiology, Lapsed climber.

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