Virgin Orbit Fails in First Rocket Launch Attempt
It was a long time coming, but on Monday, at long last, Virgin Orbit made its first official attempt to launch a rocket into orbit.
Unfortunately, the attempt failed.
In October 2019, Virgin Orbit -- a company related to, but not part, of its more famous cousin Virgin Galactic (NYSE: SPCE) -- announced plans to launch a test rocket from its "Cosmic Girl" modified Boeing carrier aircraft "in about six weeks, eight weeks." As it turned out, the actual number was closer to 34 or 35 weeks, as a combination of intense devotion to making sure everything would go right, combined with a pandemic that went very wrong to delay Virgin's launch attempt. Regardless, after one final delay to a planned Sunday launch, Virgin Orbit was finally ready to go on Monday.
Source Fool.com
