NBC | Why Virgin Orbit Failed

Virgin Orbit’s goal was to build rockets capable of blasting small satellites into space and, at the time, this was still a largely untapped market.

Virgin Orbit was well-capitalized, had a dedicated team of talent and a functioning launch system.

But launch delays, an inability to land a major customer and an evolving satellite launch market eventually got the company in hot water.

Watch the video to find out more about what led to Virgin Orbit’s eventual bankruptcy.