Virgin Orbit to sell its manufacturing facility to Rocket Lab

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Virgin Orbit to sell its manufacturing facility to Rocket Lab

Richard Branson's bankrupt satellite launch firm, Virgin Orbit, on Tuesday revealed that it was closing for good after a $36.4 million asset sale, including an agreement to sell the bulk of its Long Beach, California, headquarters to small-launch firm Rocket Lab USA Inc.

https://www.reuters.com/markets/deals/virgin-orbit-sell-its-manufacturing-facility-rocket-lab-2023-05-23/

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