Virgin Orbit Stock

virginorbit.comAerospaceFounded: 2017

Virgin Orbit is a provider of dedicated, responsive, and affordable launch services for small satellites.

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Team

Management Team

Dan Hart
Chief Executive Officer & President

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News

The deal values the combined enterprise at $3.2 billion, and will provide Virgin Orbit with $483 million in cash at close, including a $100 million PIPE. The combined company will trade under the ticker VORB on the Nasdaq if and when the transaction concludes.
The self-described “responsive launch and space solutions company” will merge with a SPAC in a deal worth $3.2 billion.
Virgin Orbit is valued at twice what Virgin Galactic was worth during its SPAC merger in 2019.