Virgin Orbit, which Branson founded in 2017, said it had commenced Chapter 11 proceedings at a US Bankruptcy Court in the District of Delaware to sell the business after being unable to attract enough funding to secure its future.
A Virgin Group spokesperson said: “Richard Branson and the Virgin Group have supported Virgin Orbit over the long term, investing more than $1 billion in the company, including $60 million since November 2022.
“However, this significant funding was not enough to counter the strong headwinds and liquidity challenges Virgin Orbit continues to face.
Virgin Orbit CEO Dan Hart said: “We believe the cutting-edge launch technology this team has created will have wide appeal to buyers as we continue in the process to sell the company.”
この記事は Evening Standard の April 04, 2023 版に掲載されています。
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この記事は Evening Standard の April 04, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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