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Firefly Aerospace buys the final scraps of doomed Virgin Orbit Firefly Aerospace buys the final scraps of doomed Virgin Orbit
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Firefly Aerospace buys the final scraps of doomed Virgin Orbit
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Old 19th June 2023, 06:33   #1
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Default Firefly Aerospace buys the final scraps of doomed Virgin Orbit

The last remnants of Virgin Orbit have been offloaded. Firefly Aerospace has agreed to buy the defunct satellite-launch company’s remaining assets for $3.8 million. Firefly’s purchase included the leftovers from a May auction that cleaned out most of the company’s possessions, netting $36 million in Virgin Orbit’s bankruptcy proceedings. Firefly’s purchase was reported in June 15th filings in a Delaware bankruptcy court (viaSpaceNews).

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