PPRuNe Forums - View Single Post - Virgin Orbit: Sir Richard Branson's rocket company lays off 85% of staff
Old 5th Apr 2023, 17:40
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Originally Posted by SpringHeeledJack
Could someone explain to me why the company was so fragile that one unsuccessful launch caused it to implode ? I appreciate that the costs are eye-watering, but surely the business plan and funding must have allowed for such (quite possible) scenarios to happen, dust oneself down and get on with the next, likely successful launch.
I was asking myself the same question. Especially since his other company, Virgin Galactic, has only performed a single revenue flight in 19 years, whereas Virgin Orbit, in only six years, has had at least three successful revenue flights. Shouldn't it rather be the other way round?
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