Rival start-up Rocket Lab has bought most of Virgin Orbit’s headquarters in California as well as other assets. The company’s Boeing 747 plane, which was converted to help launch satellites, has also been sold off. In total, the asset sale fetched $36.4m (£29.4m).
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According to the FAA, this could potentially “affect the operation of certain systems, including engine ice protection, and result...
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“As for later this year and early next, the expectation is that while we won’t necessarily see prices fall,...
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