Rocket Report: SpaceX launch delayed indefinitely; Virgin Orbit cancels funding spherical

The Terran 1 rocket is shown in Relativity Space's hangar in Florida.

Enlarge / The Terran 1 rocket is proven in Relativity Area’s hangar in Florida. (credit score: Trevor Mahlmann)

Welcome to Version 5.19 of the Rocket Report! Again from the Thanksgiving vacation, there’s a whole lot of information to get to this week, together with a report card on the SLS rocket’s efficiency (wonderful) and a few wild and woolly information from north of the US border. Learn on for extra.

As at all times, we welcome reader submissions, and in the event you do not wish to miss a problem, please subscribe utilizing the field beneath (the shape won’t seem on AMP-enabled variations of the positioning). Every report will embody info on small-, medium-, and heavy-lift rockets in addition to a fast look forward on the subsequent three launches on the calendar.

Virgin Orbit ends safety providing. The US-based launch firm introduced on the night earlier than Thanksgiving a “cessation” of a securities providing. “As a result of present market circumstances, the corporate has elected to not proceed with an providing,” Virgin Orbit stated in an announcement. “Any future capital elevating transactions will rely upon future market circumstances.” Beforehand, in October, Virgin Orbit CEO Dan Hart stated the corporate was looking for to lift extra capital after going public as a particular function acquisition firm, or SPAC.

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