Virgin Orbit (VORB) Reports $575M Binding and Non-binding Backlog

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Go back to Virgin Orbit (VORB) Reports $575M Binding and Non-binding Backlog

Virgin Orbit Announces Fourth Quarter and Full Year 2021 Financial Results

March 29, 2022 4:25 PM EDT

Successfully launched 7 customer satellites onboard its LauncherOne rocket during the Above the Clouds mission on January 13, 2022, the companys third successful launch. Full year 2021 revenue increased to $7.4 million, up from $3.8 million in the prior year period. Growing backlog of contracts, including selection by NASAs launch service program to support the agencys VADR missions. Completed its going public transaction and began trading on the Nasdaq stock exchange on December 30, 2021.

LONG BEACH, Calif.--(BUSINESS WIRE)-- Virgin Orbit (Nasdaq: VORB) (Virgin Orbit or the Company), the... More