Virgin Orbit eyes options as it works to generate cash flow: report

Launch company Virgin Orbit is “drawing up detailed contingency plans” after pausing operations last week, according to a media report.

Virgin Orbit is still looking for new funding but has also secured two restructuring firms — Alvarez & Marsal and Ducera — in case it cannot bring in more cash flow, according to a Sky News report (opens in new tab) published on Sunday (March 19).

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