Today, Virgin Orbit announced that they will be ceasing their assets and will be ending their space launch business. Virgin Orbit has been a leader in the space launch industry since 2015, when they began launching small satellites into space. This has been a major accomplishment for the company, as they have been able to successfully launch over 100 satellites since then. However, due to the changing market, Virgin Orbit has decided to cease their assets and focus their business elsewhere. This comes as a surprise to many in the space industry, as Virgin Orbit has been a major player in the field. As Virgin Orbit moves away from space launches, their future is uncertain and it remains to be seen what their next venture will be.

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source: Phys.org