| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
335 |
| Employees |
660 |
| Revenues (TTM) (Millions $) |
33 |
| Net Income (TTM) (Millions $) |
-191 |
| Cash Flow (TTM) (Millions $) |
-142 |
| Capital Exp. (TTM) (Millions $) |
21 |
Virgin Orbit Holdings Inc
We are a vertically integrated space corporation that offers dedicated and rideshare small satellite launch services to clients. Our mission is to run a mobile launch system capable of "launching at any time, from any location, to any orbit." Our aim is to utilize space to generate beneficial and long-term change on Earth, from connecting communities to promoting scientific endeavors; supporting Americas and other nations space presences; and assisting in the development of the next generation of game-changing space technology.
We believe there is near- and medium-term acceleration in the growth of the space market, driven by rapid advances in launch and satellite technology. As a result, there has been a proliferation of private sector space companies pursuing the growing demand for space solutions across multiple applications. Indeed, there are numerous private small-satellite launch companies (focused on carrying less than 1,000 kg to 500 km low Earth orbit), but just four that are able to boast a successful launch to orbit ' SpaceX's dedicated rideshare program, Northrop Grumman, Rocket Lab and Virgin Orbit. As one of the few proven small satellite launch providers, we believe we are well-positioned to benefit from these attractive industry tailwinds. So far, we successfully completed three orbital launches in 2021 and early 2022, each at the beginning of our targeted launch window, which demonstrates the efficacy of our launch system. To date, we have delivered 26 satellites to their desired orbits with high precision. We believe these features make LauncherOne a system of great interest for responsive space.
Commercial & Civil: We provide dedicated and rideshare launch services for commercial and civil customers, both from the United States and internationally. This offering also includes civil spaceports, where a foreign nation can buy or lease our mobile launch system ground equipment, aircraft and launch system to provide in-country launch capabilities, allowing these countries to become spacefaring through existing airport infrastructure.
National Security and Defense: We provide national security launch and mission services to the U.S. and its allied Government customers, including the Space Force, Air Force and other agencies within the U.S. Department of Defense (the 'DoD') and the intelligence community. We also intend to offer government squadron services wherein the entire air-launch system will be a program of record sold to government customers who will own and operate the system directly, providing enhanced flexibility and responsiveness. Additionally, due to the distinct features of LauncherOne, which is itself a hypersonic system, we can also provide solutions for missile defense target applications and other key hypersonic research and development and demonstration activities.
Space Solutions: Leveraging existing launch capabilities and our track record as a systems integrator, we seek to provide end-to-end value-added services for Internet of Things ('IoT') and Earth Observation ('EO') applications through the combination of agreements with satellite operators and a satellite constellation we will own and operate. Using a satellite-as-a-service model, we plan to deploy our own procured satellites beginning in late 2023 to serve government and commercial customers, both domestically and internationally.
Company Address: 4022 E. Conant St. Long Beach, 90808 CA
Company Phone Number: 388-4400 Stock Exchange / Ticker: NASDAQ VORB
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