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The first ever orbital space launch from the UK is due to take off on Monday - TL;DR CNBC

The first ever orbital space launch from the UK is due to take off on Monday

Publishing timestamp: 2023-01-09 10:19:34


Summary

On Monday evening, a modified Boeing 747 plane named "Cosmic Girl" will take off from Spaceport Cornwall in southwest England and deploy a Virgin Orbit rocket at 35000 feet, carrying nine small satellites into orbit. The launch event will be open to the public and will include a "silent disco" tent. Virgin Orbit had lowered its forecast for launches in 2022 to three, but raised $25 million to boost its depleting cash reserve. Shares of Virgin Orbit hit a three-week high on Friday.


Sentiment: POSITIVE

Tickers: VORBVMUK-GB

Keywords: virgin orbitairlinesspace industrybusiness newsvirgin money uk plc

Source: https://www.cnbc.com/2023/01/09/virgin-orbit-the-first-orbital-space-launch-from-the-uk-is-due-to-take-off.html


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