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1 year ago

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

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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 aircraft, for $17 million in cash.

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

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

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