Rocket Lab said on Tuesday that it will use the manufacturing facility and equipment it acquired from bankrupt Virgin Orbit to accelerate the development of its new Neutron rocket. The company has no plans to integrate Virgin Orbit’s LauncherOne rocket into its line of launch vehicles, however, indicating the booster will likely never fly again.

Richard Branson’s bankrupt launch provider Virgin Orbit (OTCMKTS: VORBQ), which spent more than $1 billion developing the capability to launch satellites from a Boeing 747 jumbo jet, auctioned off its assets to Rocket Lab, Launcher, Stratolaunch, and a fourth company called INLIPER for just under $36.5 million on Monday, according to a court filing.

Welcome to S-SPACⁱ. In this week’s edition, Virgin Galactic reported a wider first-quarter loss, Rocket Lab’s revenues and net loss both increased, BlackSky reported higher revenue, bankrupt Virgin Orbit received more than 30 expressions of interest from potential buyers, and Spire Global won a contract to begin work on a wildfire monitoring satellite.

Rocket Lab released an earnings report that showed both higher revenue and a larger net loss for the first quarter on Tuesday compared with the same period last year.

In this week’s Launch Roundup, Rocket Lab launched two satellites for NASA that will provide valuable data on hurricanes and tropical cyclones on Sunday, May 7 (Monday, May 8 in New Zealand).

In this week’s Launch Roundup, SpaceX leads all launch providers thus far in 2023 as the Elon Musk-led company has averaged one flight roughly every four days.

Welcome to S-SPACⁱ. In this edition, Terran Orbital received a milestone payment for the Rivada satellite constellation, Intuitive Machines’ joint venture won a major contract, and AST SpaceMobile made an historic phone call. Plus, news about BlackSky and Rocket Lab.

Welcome to this week’s S-SPACⁱ. Rocket Lab has entered the hypersonic market, BigBear.ai stockholders resells shares, and three space SPACs had payloads aboard SpaceX Transporter-7 rideshare mission.

SpaceX scrubbed the maiden flight test of its Starship/Super Heavy booster on Monday due to a frozen valve at the start of a busy two-week period that could see the company conduct five launches.

Rocket Lab moves launches to New Zealand, Planet Labs works with The Nature Conservancy

Welcome to S-SPACⁱ. Nasdaq granted Astra Space a six-month extension to get its stock into compliance before it is delisted while the exchange moved to delist Virgin Orbit’s stock. And Rocket Lab is moving two launches to New Zealand.