Name | Value |
---|---|
Revenues | 0.0M |
Cost of Revenue | 3.4M |
Gross Profit | -3.4M |
Operating Expense | 37.0M |
Operating I/L | -40.4M |
Other Income/Expense | 7.1M |
Interest Income | 0.0M |
Pretax | -33.3M |
Income Tax Expense | 0.0M |
Net Income/Loss | -33.3M |
Virgin Orbit Holdings, Inc. is a responsive launch and space solutions company that specializes in building and operating flexible space launch systems. The company focuses on launching commercial, civil, national security, and international satellites into orbit, with a primary emphasis on small satellites. By providing responsive and adaptable launch services, Virgin Orbit generates revenue through commercial and government contracts for satellite deployment, catering to a wide range of clients in need of satellite launch capabilities.