Virgin Orbit ‘pauses’ operations in wake of UK space launch failure
Staff reportedly furloughed as California firm announces ‘operational pause’
Virgin Orbit has “paused” its operations to deal with a funding crisis, weeks after its failed UK space launch from Cornwall.
The California-based company has faced financial issues since January’s failure, as well as questions about the damage it might have done to Britain’s plans to become a space hub.
It did not confirm reports staff have been furloughed while it seeks a cash lifeline.
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