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Virgin Orbit gets stripped for parts as the company shuts down

Sarah Fielding | May 24, 2023  
Once-successful Virgin Orbit has been sold for parts at auction after the company declared bankruptcy in April. In a $16.1 million deal, Rocket Lab USA, a small satellite launch provider and aerospace manufacturer, bought Virgin Orbit's 144,000 square foot Long Beach headquarters and a variety of on-site machinery and equipment. Rocket Lab USA is currently […]
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