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Why Virgin Orbit's Chapter 11 Filing and The Silicon Valley Bank Failure Matter

Why Virgin Orbit's Chapter 11 Filing and The Silicon Valley Bank Failure Matter

Published 3 years ago
Description
Why Virgin Orbit's Chapter 11 Filing and The Silicon Valley Bank Failure Matter The commercial space ecosystem is weathering multiple storm systems. First, there was the Silicon Valley Bank failure. This week the publicly listed launch company Virgin Orbit, and its subsidiaries - including its defense division Virgin Orbit National Systems - filed for Chapter 11 protection. To understand how these events affect the commercial space sector, which the Department of Defense is relying on more and more, Laura Winter speaks with Chris Quilty, Founder of Quilty Analytics; George Pullen, MilkyWay Economy’s Chief Economist; and Chris Stott, a serial space entrepreneur, and the Chairman & CEO, Lonestar Data Holdings.
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