Sir Richard Branson and Virgin Galactic are pleased to announce Virgin Orbit, a new commercial space company, and the appointment of Dan Hart as the first President of the newly created company.

Billionaire Richard Branson is facing some troubles with his two spaceflight companies. Shareholders in Virgin Galactic launched a class action lawsuit with numerous allegations about the space ...

Virgin reports a loss of 57 cents per share against the consensus estimate of a 52-cent loss. The company posted revenues of $392,000 against the $1.16-million Street estimate. The market’s back, and ...

Shares of AST SpaceMobile (NASDAQ:ASTS) are up 8% in midday trading on May 27, changing hands near $129. The satellite direct ...

Satellite launch firm Virgin Orbit Holdings is calling it quits, and will lay off most of its workforce and wind down plants and testing facilities in Long Beach and the Mojave desert. The Long ...

Virgin Orbit, a satellite launch startup under Branson’s Virgin Group, yesterday (March 15) furloughed nearly all of its employees and told them at an all-hands meeting the company will cease ...

Update: The flight, launch, and glide were all successful and the crew is back Earthside. 🙌 Touchdown, VSS Unity! Our crew and spaceship are back on Earth after landing smoothly at Spaceport America, ...

Forbes contributors publish independent expert analyses and insights. Making wealth creation easy, accessible and transparent. Richard Branson’s private space company has come crashing back down to ...