Virgin Orbit Holdings, Inc. (VORBQ)

OTCMKTS: VORBQ · Delayed Price · USD
-0.0150 (-25.42%)
Jun 8, 2023, 4:00 PM EDT - Market closed
Market Cap 19.80M
Revenue (ttm) 33.11M
Net Income (ttm) -191.16M
Shares Out 335.59M
EPS (ttm) -0.57
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 12,556,942
Open 0.0575
Previous Close 0.0590
Day's Range 0.0426 - 0.0975
52-Week Range 0.0060 - 0.1381
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date n/a


Virgin Orbit Holdings, Inc., a vertically integrated aerospace company, designs and develops rocket technologies for conducting launch operations to place payloads into orbit for small satellites across government, research, and education industries. It offers launch services for commercial and civil customers; civil spaceports; national security launch and mission services to government customers, including the Space Force, Air Force, and other agencies; and space solutions. The company is headquartered in Long Beach, California. On April 4, 2... [Read more]

Sector Industrials
Founded 2017
Employees 660
Stock Exchange OTCMKTS
Ticker Symbol VORBQ
Full Company Profile

Financial Performance

In 2022, VORBQ's revenue was $33.11 million, an increase of 348.29% compared to the previous year's $7.39 million. Losses were -$191.16 million, 21.5% more than in 2021.

Financial Statements


Stratolaunch Just Bought Virgin Orbit's 747 For Hypersonics Testing

Bankruptcy is often an opportunity for someone else, a maxim Stratolaunch just proved with its acquisition of a 747 from failed satellite launch company, Virgin Orbit.

1 week ago - Forbes

No tears, only launches now: Virgin Galactic heads back to space as Virgin Orbit goes under

In space, no one can hear you cry. That's probably why Virgin Galactic is headed up there so soon after the untimely demise of its sister company, Virgin Orbit — currently being salvaged for parts.

Other symbols: SPCE
2 weeks ago - TechCrunch

Rocket Lab Buys Some Virgin Orbit Assets in Bankruptcy Auction

Aerospace company Rocket Lab USA purchased some assets from bankrupt space start-up Virgin Orbit. Rocket Lab probably got a deal.

Other symbols: RKLB
2 weeks ago - Barrons

Richard Branson ends Virgin Orbit operations after UK space mission failure

Richard Branson's Virgin Orbit has announced it will be shutting down.

2 weeks ago - Skynews

Rocket Lab agrees to pay $16 million for portion of Virgin Orbit assets

Rocket Lab USA RKLB, -8.69% said Tuesday it is finalizing an asset purchase agreement to buy certain aerospace production and manufacturing assets as part of Virgin Orbit Holdings's VORWQ, +28.79% cha...

Other symbols: RKLB
2 weeks ago - Market Watch

Virgin Orbit starts to wind down operations, sell assets: report

Bankrupt satellite-launch company Virgin Orbit Holdings Inc. VORWQ, +28.79% is winding down operations after selling facilities, some equipment and other assets to at least three aerospace companies, ...

2 weeks ago - Market Watch

Statement Regarding Virgin Orbit

LONG BEACH, Calif.--(BUSINESS WIRE)--Virgin Orbit Holdings, Inc. (the “Company” or “Virgin Orbit”), a responsive space launch provider, announced today that, following a comprehensive sale process and...

2 weeks ago - Business Wire

Virgin Orbit's launch business sold for parts to Vast, Stratolaunch, and Rocket Lab

Virgin Orbit, once valued at $3.7B, has been chopped up for parts. The company has concluded the auction for its assets, which were put up for sale as part of its Chapter 11 bankruptcy proceedings.

Other symbols: RKLB
2 weeks ago - TechCrunch

Virgin Orbit sells assets in bankruptcy auction to Rocket Lab, Stratolaunch and Vast's Launcher

Bankrupt rocket company Virgin Orbit sold its assets and equipment to a trio of aerospace companies in an auction.

Other symbols: RKLB
2 weeks ago - CNBC

Virgin Orbit to sell its manufacturing facility to Rocket Lab

Richard Branson's bankrupt satellite launch firm Virgin Orbit said in a Tuesday court filing it plans to sell the bulk of its Long Beach, California headquarters, including its machinery and equipment...

Other symbols: RKLB
2 weeks ago - Reuters

Virgin Orbit receives $17 million bid for rocket-carrying aircraft in bankruptcy court

Bankrupt rocket company Virgin Orbit received a $17 million "stalking horse" bid for its modified 747 carrier jet and other aircraft assets on Tuesday.

3 weeks ago - CNBC

Virgin Orbit enters $17 million 'stalking horse' bid to sell aircraft assets

Bankrupt satellite launch company Virgin Orbit said on Tuesday it entered into a "stalking horse" agreement with Stratolaunch to sell mainly its aircraft assets, including the "Cosmic Girl" carrier ai...

3 weeks ago - Reuters

Virgin Orbit delays bid deadline in scramble to find rescuer

Virgin Orbit has pushed back the deadline for rescue bids as the commercial satellite venture founded by Sir Richard Branson scrambles to avert bankruptcy.

3 weeks ago - Skynews

Company Update: Virgin Orbit Receives More Than 30 Indications of Interest Under Court Approved Bid Procedures

LONG BEACH, Calif.--(BUSINESS WIRE)--Virgin Orbit Holdings, Inc. (the “Company” or “Virgin Orbit”), a responsive space launch provider, has announced today an update regarding the process for sale of ...

1 month ago - Business Wire

Virgin Orbit: How Richard Branson's Satellite Startup Went Bankrupt

Once promising satellite-launch startup Virgin Orbit filed for bankruptcy in April after launch issues and a changing satellite market caught up with it. WSJ explains what led to the Virgin Galactic s...

1 month ago - WSJ

SVB Financial Group, Signature Bank, Virgin Orbit to be delisted from Nasdaq

SVB Financial Group, the onetime parent of Silicon Valley Bank, and Signature Bank will be delisted from the Nasdaq, the Nasdaq Stock Market announced on Friday, following the failure of both banks an...

Other symbols: SBNYSIVB
1 month ago - Market Watch

Virgin Orbit lays out sale plans: report

Richard Branson's Virgin Orbit Holdings Inc. has told interested buyers to submit bids in the next three weeks to purchase the failed satellite launch company, The Washington Post reported on Thursday...

1 month ago - Market Watch

Virgin Orbit Files Chapter 11 Plan and Related Disclosure Statement

LONG BEACH, Calif.--(BUSINESS WIRE)--Virgin Orbit Holdings, Inc. and its U.S. subsidiaries (the “Company” or “Virgin Orbit”), a responsive space launch provider, announced today that it filed a plan, ...

1 month ago - Business Wire

Virgin Orbit CEO on bankruptcy, investor funding and finding a buyer

Dan Hart, Virgin Orbit CEO, joins 'Closing Bell: Overtime' to discuss the company's bankruptcy and bid to find a buyer.

1 month ago - CNBC Television

Virgin Orbit blames 'dislodged filter' for January launch failure

Virgin Orbit Holdings Inc on Wednesday blamed a dislodged filter for its failed rocket launch in January and said it was planning a flight later this year as the issue has been fixed.

1 month ago - Reuters

Virgin Orbit Completes Key Failure Investigation Test, Confirms Cornwall Failure Root Cause and Path Forward for Return to Flight

LONG BEACH, Calif.--(BUSINESS WIRE)--On Wednesday, April 12th, 2023, Virgin Orbit Holdings, Inc. (“Virgin Orbit” or the “Company”) successfully completed a month long, full-scale test series to verify...

1 month ago - Business Wire

WeightWatchers parent shares climb, Virgin Orbit Holding's stock sinks on Nasdaq delisting, and other stocks on the move

Here are some of the biggest stock movers on Tuesday.

2 months ago - Market Watch

Nasdaq plans to delist Virgin Orbit following bankruptcy filing

Virgin Orbit Holdings Inc. VORB, -17.20% on Monday said that the Nasdaq planned to delist its shares after the developer of space-launch systems filed for Chapter 11 bankruptcy protection last week an...

2 months ago - Market Watch

Virgin Orbit Announces Receipt of Nasdaq Delisting Notice

LONG BEACH, Calif.--(BUSINESS WIRE)--Virgin Orbit Holdings, Inc. (the “Company” or “Virgin Orbit”), a responsive space launch provider, announced today that it was notified by the Listing Qualificatio...

2 months ago - Business Wire

Virgin Orbit exec calls out leadership after bankruptcy in scathing e-mail

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. CNBC'...

2 months ago - CNBC Television