Richard Branson's Virgin Orbit files for Chapter 11 bankruptcy

TL;DR

Richard Branson's Virgin Orbit Holdings filed for Chapter 11 bankruptcy on Tuesday after the satellite launch company failed to secure the long-term funding needed to help it recover from a January rocket failure. "We believe that the Chapter 11 process represents the best path forward to identify and finalize an efficient and value-maximizing sale," Virgin Orbit CEO Dan Hart said in a statement. Box 500 Station A Toronto, ON Canada, M5W 1E6It is a priority for CBC to create products that are accessible to all in Canada including people with visual, hearing, motor and cognitive challenges

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