by Douglas Messier
Virgin Orbit has delayed its next satellite launch, originally set for Wednesday, Dec. 22, to next month. The launch will come after shareholders of NextGen Acquisition Corp. II vote on Dec. 28 on whether to merge with Richard Branson’s launch services provider.
The merger with the special purpose acquisition company would allow Virgin Orbit to go public on Nasdaq under its own name. The deal will provide $483 million in capital to allow the company to grow.(more…)
- Parabolic Arc
- December 21, 2021