Virgin Orbit hires LionTree, Perella Weinberg to find investor for strategic transaction

by Peter B. de Selding

PARIS — Commercial small-satellite launch service startup Virgin Orbit LLC has hired two investment banks to help search for investors for what looks like a strategic transaction.

Virgin Orbit  placed a notice on its website’s investor page saying it had hired LionTree Advisors LLC and Perella Weinberg Partners LP.

Prospective investors that have been approved by Virgin Orbit are invited to peruse data in a password-protected area fo the site that presents details of the company’s current status and future . . .

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