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Tag: LauncherOne

Electron launches NorthStar satellites in latest recovery test

ORLANDO, Fla. — Rocket Lab launched the first four satellites for space situational awareness (SSA) company NorthStar Earth and Space Jan. 31 in another...

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It’s over: Virgin Orbit to cease all operations

Virgin Orbit has finally admitted defeat in its battle to find a rescue deal and said it will now cease all operations. The company has...

Virgin Orbit extends deadline for bankruptcy auction bids

WASHINGTON — Virgin Orbit has extended the deadline for bids as part of its bankruptcy auction process that the company says has attracted interest...

Orbex CEO resigns

WASHINGTON — The chief executive of European small launch vehicle developer Orbex stepped down April 14 so that company can go to the “next...

Top tech startup news for Tuesday, April 4, 2023: Frank, JPMorgan, Orbs, Makerverse, Sepura, and Virgin Orbit

Good evening! Below are some of the top tech startup news stories for Tuesday, April 4, 2023. Sepura Home closes $3.7 million in seed funding...

Virgin Orbit files for bankruptcy

In an unsurprised announcement, British billionaire Sir Richard Branson’s rocket company Virgin Orbit on Tuesday filed for Chapter 11 bankruptcy protection in the U.S....

Branson’s Virgin Orbit to cease operations and lay off nearly entire workforce after failing to secure funding

British billionaire Sir Richard Branson’s rocket company Virgin Orbit announced it will shut down its operations and terminate nearly all its employees after the...

US Advocacy group requests FTC to stop OpenAI’s new GPT releases

Here is the top trending news from the world of technology. News that we feel every tech enthusiast should keep a tab on. 1) US Advocacy...

Isar Aerospace raises $165 million as it gears up for first launch

WASHINGTON — German launch vehicle developer Isar Aerospace announced March 28 it raised $165 million to scale up production of its Spectrum rocket scheduled...

Top startup news for Wednesday, March 22, 2023: Fluidity, Indeed, Tron, Virgin Orbit, and Windfall Bio

Good evening! Below are some of the top tech startup news stories for Wednesday, March 22, 2023. Job search platform Indeed to lay off 2,200...

Virgin Orbit begins “incremental” return to work as it seeks new funding

WASHINGTON — A small set of Virgin Orbit employees will return to work after a week-long furlough as the company attempts to raise money...

Virgin Orbit pauses operations amid financial troubles

Virgin Orbit announced last week it is pausing operations after sustained financial losses, furloughing most of the company’s approximately 750 employees as officials seek...

UK aims to become a space launch superpower

In January crowds gathered at Newquay Airport in the hope of witnessing history in the making. The mission “Start Me Up”...

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