Virgin Orbit Could Sell Up To $250M In Shares To Sustain Ops

Nasdaq
LauncherOne on display in New York as Virgin Orbit shares began trading on the Nasdaq at the end of 2021.
Credit: Virgin Orbit
Virgin Orbit, the newly public satellite launch provider, saw revenue halve and its net loss double in the first quarter of 2022. The company, which offers air-launches using a Boeing 747, further disclosed it could sell up to $250 million worth of newly issued shares as it works to remain a going...

Subscription Required

 

Virgin Orbit Could Sell Up To $250M In Shares To Sustain Ops is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.

Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.

Not a member?  Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.