Virgin Orbit - About the company
Virgin Orbit is a series B company based in Long Beach (United States), founded in 2017 by Richard Branson. It operates as a Provider of launch services for small satellites using a reusable air-launch system. Virgin Orbit has raised $25M in funding, with a current valuation of $*****. The company has 180 active competitors, including 56 funded and 11 that have exited. Its top competitors include companies like SpaceX, Skyroot and Astra.
Company Details
Provider of launch services for small satellites using a reusable air-launch system. It is a space launch services provider offering flexible and responsive satellite launch solutions. It operates the LauncherOne system, a reusable air-launch platform for deploying small satellites into space. The company aims to revolutionize the space industry by offering affordable and reliable access to space.
- Website
- virginorbit.com
- Email ID
- *****@virginorbit.com
Key Metrics
Founded Year
2017
Location
Long Beach, United States
Stage
Series B
Total Funding
$25M in 2 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 11, 2020
Investors
Ranked
33rd among 180 active competitors
Annual Revenue
$10M - $50M as on Dec 31, 2022
Employee Count
298 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Legal entities associated with Virgin Orbit
Virgin Orbit is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
VIRGIN ORBIT HOLDINGS, INC. CIN: 1843388 , United States, Active | May 01, 2022 | $10M - $50M (As on Dec 31, 2022) | - | - |
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Virgin Orbit's funding and investors
Virgin Orbit has raised a total funding of $25M over 2 rounds. Its first funding round was on Nov 07, 2019. Virgin Orbit has 1 institutional investor.
Here is the list of recent funding rounds of Virgin Orbit:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 04, 2022 | 7930287 | Series B | 7614049 | 4847333 | 2333858 | 6185300 |
Nov 07, 2019 | 7837760 | Grant (prize money) | 5368381 | 3815095 | 1425643 |
View details of Virgin Orbit's funding rounds and investors
Virgin Orbit's founders and board of directors
Founder? Claim ProfileThe founders of Virgin Orbit is Richard Branson.
Here are the details of Virgin Orbit's key team members:
- Richard Branson: Founder of Virgin Orbit. Contact Info: 1 email address
View details of Virgin Orbit's Founder profiles and Board Members
Virgin Orbit's employee count trend
Virgin Orbit has 298 employees as of Sep 26. Here is Virgin Orbit's employee count trend over the years:
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Virgin Orbit's Competitors and alternates
Top competitors of Virgin Orbit include SpaceX, Skyroot and Astra. Here is the list of Top 10 competitors of Virgin Orbit, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SpaceX 2002, Hawthorne (United States), Public | Provider of advanced aerospace and space transportation services | $11.9B | 83/100 | |
2nd | Manufacturer of orbital launch vehicles for small satellite deployment missions | $145M | 73/100 | ||
3rd | Astra 2016, Alameda (United States), Series B | Provider of launch services and electric propulsion systems for spacecraft | $137M | 70/100 | |
4th | Rocket Lab 2006, Long Beach (United States), Public | Provider of launch services, spacecraft design, manufacturing, satellite components, and software | $288M | 69/100 | |
5th | Firefly Aerospace 2014, Cedar Park (United States), Public | Provider of small and medium satellite launch vehicles, lunar landers, and orbital vehicles | $589M | 68/100 | |
6th | Manufacturer of orbital launch vehicles for micro and nano satellites | $62.2M | 66/100 | ||
7th | Relativity Space 2015, Inglewood (United States), Series E | Provider of AI-powered 3D printed launch vehicles for small payloads | $1.34B | 65/100 | |
8th | The Exploration 2021, Planegg (Germany), Series C | Developer of reusable space vehicles for cargo transport to space stations | $680M | 64/100 | |
9th | Developer of reusable medium-lift launch vehicles and related propulsion systems | $28.3M | 61/100 | ||
10th | Provider of reusable launch vehicles for small payloads | $473M | 60/100 | ||
33rd | Virgin Orbit 2017, Long Beach (United States), Series B | Provider of launch services for small satellites using a reusable air-launch system | $25M | 50/100 |
Looking for more details on Virgin Orbit's competitors? Click here to see the top ones
Virgin Orbit's Investments and acquisitions
Virgin Orbit has a total of 1 investment in SatRev. Virgin Orbit has not made any acquisitions as of now.Reports related to Virgin Orbit
Here is the latest report on Virgin Orbit's sector:
News related to Virgin Orbit
•
Space and Satellite Industry Veteran Stephen Eisele Joins Lonestar Data Holdings as President and Chief Revenue OfficerTullahoma News•Dec 04, 2023•Lonestar Data Holdings, Virgin Orbit
•
Outpost Appoints Eric Wostenberg as New Vice President of EngineeringPRWeb•Aug 08, 2023•Outpost, Virgin Orbit
•
The star company went bankrupt: the market value fell by 99.86%, and the assets were sold at a low pricePencilNews•Jul 10, 2023•Virgin Orbit
•
Firefly to buy remaining Virgin Orbit assetsSpaceNews•Jun 16, 2023•Virgin Orbit, Firefly Aerospace, Firefly, Spaceflight and 1 other
•
•
Stratolaunch expands their fleet with Virgin Orbit’s modified Boeing 747SatNews•May 31, 2023•Stratolaunch, Virgin Orbit, Boeing
•
Virgin Orbit Sells Off HQ to Space Systems Company in Los Angeles CountyCoStar•May 27, 2023•Virgin Orbit, Space Systems Services, Rocket Lab
•
Stratolaunch To Acquire Virgin Orbit's Modified Boeing 747Simple Flying•May 26, 2023•Stratolaunch, Virgin Orbit, Boeing
•
Virgin Orbit sells assets and closes operations after crisisFusoes & Aquisicoes•May 26, 2023•Virgin Orbit, Launcher, Stratolaunch, Rocket Lab
•
Virgin falls out of Orbit, shuts down following liquidation saleTechStartups.com•May 25, 2023•Virgin Orbit
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