New Space industry looks at Virgin Orbit and wonders: Who’s next?

by Peter B. de Selding

WASHINGTON — At a time when even mighty SpaceX’s liquidity runway is a subject of industry speculation, it’s no wonder that less-endowed space companies are focusing more on cutting spending rather than on growing into adjacent but untested markets.

These conversations were everywhere at the Satellite 2023 conference here March 13-16. It was a week when launch-service provider Virgin Orbit said it was pausing operations for a week, to March 21, as it sought a strategic transaction.

Virgin Orbit is publicly . . .

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