Virgin Orbit is laying off 85% of its workforce after it was unable to secure funding. This means 675 people will lose their jobs. The redundancies will likely be completed by April 3.
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With Christmas and New Year out of the way, rocket launches are starting to get back into full swing. Notably this week, Virgin Orbit will be launching from Cornwall in the UK this week.
Following a clean release and ignition of LauncherOne's engines, an anomaly in the early stages of flight caused Virgin Orbit to terminate the first end-to-end flight of its orbital payload.
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