Virgin Orbit Files For Chapter 11 Bankruptcy in Delaware

Satellite launch firm Virgin Orbit Holdings Inc. files for Chapter 11 bankruptcy protection in Delaware, according to a court filing.

• Estimated liabilities: $100M-$500M
• Estimated assets: $100M-$500M
• NOTE: Virgin Orbit in Talks to Raise $200M From Matthew Brown: Reuters
  • Virgin Orbit Plunges With Operations Halted on Lack of Funds (2)

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Janine Phakdeetham in Bangkok at jphakdeetham@bloomberg.net

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Michael Sin at msin12@bloomberg.net

Aradhana Aravindan, Zoe Ma

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