WASHINGTON (Reuters) – The United States and Japan on Monday proposed a U.N. Security Council resolution stressing that nations should comply with a treaty that bars putting nuclear weapons in…
By Joey Roulette (Reuters) – Satellite launch company Virgin Orbit is planning to move back the deadline for prospective bidders to buy its assets by a handful of days, according…
(Reuters) – Richard Branson’s Virgin Orbit Holdings filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company failed to secure long-term funding following a January rocket failure. Despite…
By Joey Roulette (Reuters) -Rocket maker Virgin Orbit Holdings on Thursday said it was laying off about 85% of staff because it had not been able to raise new investment.…
By Joey Roulette (Reuters) – Billionaire Richard Branson’s cash-strapped Virgin Orbit Holdings will extend an unpaid furlough for most of its employees as talks seeking new funding continue, the company’s…
(Reuters) – Billionaire Richard Branson’s cash-strapped satellite launch company Virgin Orbit Holdings said on Thursday it is in talks with “interested parties” about an investment in the company. Reuters reported…
By Joey Roulette WASHINGTON (Reuters) -SpaceX is targeting early December to launch its giant Starship rocket system into orbit for the first time, a pivotal demonstration flight as it aims…
By Akash Sriram (Reuters) – Space technology startups are being forced to limit their sky-high ambitions, as their venture-capital backers turn to safer bets due to the current economic turmoil,…
(Corrects typographical error in Tesla, adds RIC; paragraph 6) By Steve Gorman -Elon Musk said on Thursday he was “highly confident” his new SpaceX Starship, designed for voyages to the…