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Space SPAC Index: Virgin Orbit Bankruptcy Could Have A Broader Impact
Space SPAC Index: Virgin Orbit Bankruptcy Could Have A Broader Impact

Virgin Orbit’s bankruptcy could have fallout across the space industry. The company estimates it owes $100-500 million to somewhere between “200-999” creditors. The amount includes debts in excess of $15.3 million to four companiesArqit, BigBear.ai, Redwire, and Spire Global on the Space SPAC Index.

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  • Parabolic Arc
  • April 4, 2023