Virgin Orbit persists with launch plans despite bankruptcy.

TL;DR Summary
Virgin Orbit CEO, Dan Hart, has stated that the company is pressing towards another launch attempt in the coming months as it seeks suitors to rescue it from bankruptcy. The company has been in discussions with potential buyers and bids are due on May 14. Despite laying off 85% of its staff, the company still plans to launch its next rocket in the third quarter, carrying a commercial satellite for a paying customer. The Pentagon's interest in the company for hypersonics testing and missile defense could be attractive to potential buyers.
Topics:business#bankruptcy#richard-branson#rocket-launch#small-satellites#space-industry#virgin-orbit
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