Orbit International Corp. (ORBT)
| Previous Close | 5.5500 |
| Open | 5.0000 |
| Bid | 0.0000 x 0 |
| Ask | 0.0000 x 0 |
| Day's Range | 5.0000 - 5.0000 |
| 52 Week Range | 3.5000 - 6.6400 |
| Volume | |
| Avg. Volume | 798 |
| Market Cap | 18.58M |
| Beta (5Y Monthly) | 0.55 |
| PE Ratio (TTM) | 9.19 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 0.04 (0.80%) |
| Ex-Dividend Date | Mar 27, 2024 |
| 1y Target Est | N/A |
- Sky News
Richard Branson ends Virgin Orbit operations after UK space mission failure
Richard Branson's Virgin Orbit has announced it will be shutting down. An agreement was also made to sell the bulk of its Long Beach, California, headquarters to a small-launch firm called Rocket Lab USA. According to a court filing, Rocket Lab won the Virgin Orbits primary manufacturing site for $16m.
- The Telegraph
Virgin Orbit to be sold for parts – at one per cent of its former $3.7bn valuation
Sir Richard Branson's Virgin Orbit is to cease operations months after a mission failure in the UK.
- Reuters
Virgin Orbit auctions $36 million in remaining assets as company folds
WASHINGTON (Reuters) -Richard Branson's bankrupt satellite launch firm, Virgin Orbit, on Tuesday revealed that it was closing for good after a $36.4 million asset sale, including an agreement to sell the bulk of its Long Beach, California, headquarters to small-launch firm Rocket Lab USA Inc. Rocket Lab, the seasoned small-rocket company whose headquarters is less than a mile from Virgin Orbit's, won the bankrupt rocket company's primary manufacturing site for $16 million during an auction held on Monday, according to a court filing disclosing the results of a weeks-long Chapter 11 bid process. The purchase agreement includes machinery and equipment that had been used to manufacture Virgin Orbit's flagship LauncherOne rockets, which air-launched from the belly of a modified Boeing 747.
