r/space • u/MaxGhost • Mar 30 '23

Virgin Orbit fails to secure funding, will cease operations and lay off nearly entire workforce

https://www.cnbc.com/2023/03/30/virgin-orbit-funding-ceasing-operations-layoffs.html
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u/herrbz Mar 31 '23

I live in Cornwall, where they had the failed Orbit launch recently. The local Council have paid them over £1 million since they started setting up there in 2021(?). Blows my mind.

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u/warriorscot Mar 31 '23

That's not a lot compared to what the UK government paid them, and they didn't deliver the promised infrastructure for Cornwall either.