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Virgin Orbit Holdings Inc

0.007
-0.009 (-56.60%)
Last Update: 12 Apr 2023 22:59:00
Yesterday: 0.0159
Day's Range: 0. - 0.
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Virgin Orbit Holdings Inc is a private American spaceflight company founded in 2017 by British billionaire Richard Branson. The company is a subsidiary of Virgin Group and is headquartered in Long Beach, California. Virgin Orbit is focused on providing launch services for small satellites through its air-launched rocket system, LauncherOne.

LauncherOne is designed to be launched from a modified Boeing 747-400 aircraft, known as Cosmic Girl, which carries the rocket to altitude before releasing it into space. This enables Virgin Orbit to launch satellites from a wider range of locations and with greater flexibility than traditional ground-based launch systems.

Virgin Orbit has already conducted successful test flights of LauncherOne and has signed contracts with several customers for future launches. The company is also developing a new rocket engine, known as the NewtonThree, which will power future iterations of LauncherOne.

Virgin Orbit is one of several companies in the commercial space industry that are focused on providing launch services for small satellites. The company faces competition from other companies such as SpaceX, Rocket Lab, and Blue Origin.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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