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...Richard Branson’s Virgin Orbit is in discussions with two financial investors about a potential buyout or fundraising after the British billionaire refused to inject more money into the rocket launch company...
...Additional reporting by Peggy Hollinger, Euan Healy, Oliver Barnes and Madeleine Speed in London, Patricia Nilsson in Frankfurt, Sam Jones in Zurich, Chloe Cornish in Mumbai, Richard Milne in Oslo and Andrew...
...Sir Richard Branson has ruled out putting more money into his lossmaking space travel company Virgin Galactic, saying his business empire “does not have the deepest pockets” any more....
...peggy.hollinger@ft.com Letter in response to this column:Turbulence at Boeing is chance for real reforms / From Dennis Gerson, Colleyville, TX, US...
...Sir Richard Branson’s dream of launching rockets into space from under the wing of a converted 747 jet ended on Monday with rivals picking up Virgin Orbit’s assets for just over $36mn....
...Shares in Sir Richard Branson’s Virgin Orbit tumbled more than 30 per cent on Friday after the rocket launch company said it was axing 85 per cent of its workforce having “ceased operations for the foreseeable...
...Sir Richard Branson’s Virgin Orbit has collapsed 15 months after the rocket launch company went public with a valuation of $3.7bn....
...But it was never really Richard Branson’s baby, say those who know the entrepreneur....
...Metzler’s comments came as Sir Richard Branson’s Virgin Orbit struggles to find investors willing to bail out his rocket company....
...Sir Richard Branson’s Virgin Orbit doubts it will be able to continue operations for at least 12 months after the expected release of its annual report, according to a US regulatory filing....
...Sir Richard Branson’s Virgin Orbit said on Thursday it had begun “active discussions” about returning to the UK later this year for another attempt at launching satellites into orbit, despite Monday’s failed...
...Sir Richard Branson’s Virgin Orbit was scrambling on Tuesday to untangle the causes of its failed attempt to put satellites into orbit from Cornwall in south-west England....
...Marc FilippinoThat’s our international business editor, Peggy Hollinger. She covers the final frontier for the FT. Thanks, Peggy. Peggy HollingerThank you very much, Marc....
...The FT’s Peggy Hollinger asks if the next great leap forward in space is a lunar economy?...
...The aircraft, operated by Sir Richard Branson’s Virgin Orbit, is expected to depart Newquay airport, rebranded as Spaceport Cornwall, in January after its first operational flight was postponed from earlier...
US and European companies spreading production around Asia rather than reshoring, shipping group chief claims
...“Countries like Turkey are using up big chunks of the quota and there is none left for anyone else,” said Richard Warren, UK Steel head of policy....
...Plus the FT’s Peggy Hollinger tells us what the US space agency Nasa is planning to do once the International Space Station is decommissioned....
...There’s also a Chilean called Richard Riquelme Vega, he’s nicknamed El Rico, or the rich guy....
...peggy.hollinger@ft.com Letter in response to this article: Dumping on Boeing ignores its great history / From Phillip Hawley, La Jolla, CA, US...
...“It is the single most critical company in the semiconductor supply chain,” said Richard Windsor, tech analyst at Radio Free Mobile. “It is the printing press of silicon chips.”...
US giant announces investment in German plant as part of wider plan to put EU at forefront of advanced technologies
...Richard Armstrong is on the move....
...It turned out well, with Peggy having more than enough for a comfortable old age....
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