Virgin Orbit's would-be white knight and a $200 million rescue that fell flatWithin two days of being contacted by Brown, Virgin Orbit Chief Executive Dan Hart had secured board backing for a preliminary agreement wi...
08 Apr, 2023, 11.14 PM IST
Indices rise to 4-week highs, Nifty tops 17,500Financials, technology, and consumer stocks led Wednesday's gains even as softer US economic data - weaker-than-expected factory output and...
06 Apr, 2023, 05.50 AM IST
India is taking on China in the $447 billion space economyThe space sector is important for Indian Prime Minister Narendra Modi's "Make in India" campaign, aimed at positioning the economy as a lea...
05 Apr, 2023, 07.56 AM IST
Richard Branson's Virgin Orbit files for bankruptcy, to seek buyerThe Long Beach, California-based company lodged the filing in the U.S. Bankruptcy Court for the District of Delaware seeking a sale of its ...
04 Apr, 2023, 05.04 PM IST
Branson's Virgin Orbit files for bankruptcyThe Long Beach, California-based company lodged the filing in the U.S. Bankruptcy Court for the District of Delaware seeking a sale of its ...
04 Apr, 2023, 11.40 AM IST
Richard Branson’s brainchild Virgin Orbit lays off 85% of its workforceThe layoffs will affect 675 employees of the space company, according to the filing. The company attributed the layoffs to its inability to...
31 Mar, 2023, 12.04 PM IST
Virgin Orbit to lay off about 85% of staffAbout 675 employees will lose their jobs, and the company expects to take related charges of about $15 million, Virgin Orbit said in a regu...
31 Mar, 2023, 08.16 AM IST
Wall Street ends sharply lower as Powell warns inflation fight continuesGains pared during Powell's remarks and Q&A session in which he vowed to use all available tools to keep the banking system sound, but reit...
23 Mar, 2023, 08.04 AM IST
Battery maker Amprius Tech to go public via $939 million SPAC mergerFounded in 2008, Fremont, California-based Amprius produces silicon anodes for lithium-ion batteries. The company says its cells provide mo...
13 May, 2022, 11.21 AM IST
Experience what floating in space can feel like at $7,500 per person for 90-minsThe Zero Gravity Experience allows adventurers to flip, float, somersault and hang upside-down.
17 Sep, 2021, 05.52 PM IST
Branson ready for his biggest test yet as space shot beckonsBranson said he's trying to quell his mounting anticipation about the upcoming space voyage given previous delays, including a hiatus follo...
29 Oct, 2019, 09.42 AM IST
Branson’s Virgin Galactic space business to go publicVirgin Galactic representatives didn’t immediately respond to requests for comment.
09 Jul, 2019, 10.55 AM IST
From Lucid to Tesla, Saudi Wealth Fund goes on spending spreeThe investments are part of plans, unveiled after the collapse in crude prices in mid-2014, to turn the PIF into the world’s biggest sovere...
20 Sep, 2018, 10.50 AM IST
Richard Branson aims at mid-2018 space trip as Virgin Galactic resumes powered tests“We will never be able to build enough spaceships,” Branson said Wednesday in Hong Kong following the introduction of Virgin Australia Hold...
06 Jul, 2017, 11.19 AM IST
China to develop satellite-delivery rockets from airplanesSolid-fuel rockets can be launched from planes much faster than land-based liquid-fuelled rockets, where preparation can take days, weeks o...
07 Mar, 2017, 11.30 AM IST
Bharti Enterprises buys into OneWeb, aims to bring Internet to rural areas via satellitesOneWeb aims to build a communications network with an initial constellation of 648 Low Earth Orbit satellites and has formed a joint ventur...
26 Jun, 2015, 05.26 PM IST
Northrop Grumman shows off its experimental spaceplane conceptA press release details that the XS-1 will have a reusable booster that Grumman stresses is "affordable" with "aircraft-like" operations.
25 Aug, 2014, 12.49 PM IST