Virgin Orbit’s launch business sold for parts to Vast, Stratolaunch, and Rocket Lab

Virgin Orbit, once valued at $3.7B, has been chopped up for parts.
The company has concluded the auction for some of its assets, which were put up for sale as part of its Chapter 11 bankruptcy proceedings. Altogether, the three winning bids come to around $36 million dollars.
The winning bids were submitted by Rocket Lab, Launcher (and its parent company, Vast), and Stratolaunch. According to court filings, Rocket Lab will get Virgin’s 140,000-square foot Long Beach, California-based manufacturing facility for $16.1 million; Launcher successfully bid for the Mojave-based facilities for $

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