Virgin Orbit

Long Beach, United States Founded: 2017 • Age: 9 yrs
Launch vehicles and services for small satellite payloads are provided.

About Virgin Orbit

Virgin Orbit is an Aerospace, Defense & Maritime company based in Long Beach (United States) founded in 2017. Launch vehicles and services for small satellite payloads are provided. Virgin Orbit has raised $25 million across 2 funding rounds from investors including Gov.uk. Its focus areas include Aerospace, Maritime and Defense Tech, NewSpace, Launch Vehicles and Small Payload. Its legal entity is VIRGIN ORBIT HOLDINGS, INC. Its competitors include Astra, Rocket Lab and Firefly Aerospace; 3 of its 3 listed competitors have raised funding.

Company details

Virgin Orbit was founded in 2017 and is based in Long Beach, United States. Operations focus on the aerospace sector, where launch vehicles for small payloads are developed and manufactured. Launch services for commercial and government satellites are offered, supporting applications in earth observation, telecommunication, asset tracking, climate monitoring, and IoT. Dedicated solutions for satellite deployment are provided to various users.

  • Headquarters Long Beach, United States
  • Sectors
    Aerospace, Defense & Maritime
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website virginorbit.com
  • Social LinkedIn X Facebook
  • Legal Name Virgin Orbit Holdings, Inc.
Key Metrics
  • Annual Revenue
    $33.11 M (USD)
    348
    as on Dec 31, 2022
  • Total Equity Funding
    $25M (USD)

    in 2 rounds

  • Latest Funding Round
    $25M (USD), Series B

    Nov 2022

  • Investors

Funding Insights of Virgin Orbit

Virgin Orbit has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $25M
  • Total Rounds 2
  • Last Round Series B β€” $25M
  • First Round $9.46M

    (Nov 2019)

  • Investors Count 1

All 2 funding rounds of Virgin Orbit with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2022$25MSeries B––
–
Nov 2019$9.46MGrant––
Valuation history

1 investors in total: 1 institutional.

Investors in Virgin Orbit

Virgin Orbit has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Gov.uk.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
Online government services and information are provided to users.
1707gov.ukLondon, United Kingdom
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Investor details for Virgin Orbit

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People of Virgin Orbit

59 people are tracked at Virgin Orbit (30 in leadership, 2 in board & advisors, 27 in team).

NameRoleGroup
Ian Woods
COO And General CounselLeadership
Josh Bayliss
CEOLeadership
Holly Branson
Chief Purpose And Vision OfficerLeadership
Sam Kelly
Chief Experience OfficerLeadership
Lea Hawkins-Gaboc
Head Of Employee Communications And EngagementLeadership
Nikki Humphrey
Chief People OfficerLeadership
Danni Rush
Chief Operating Officer, Virgin Experience Days, Virgin Experience Gifts USA & Virgin IncentivesLeadership
Suman Bulani
Vice PresidentLeadership
Simone A.
Executive Assistant & EA Team Leader To The CEO Of Virgin Group And Virgin Group CFOLeadership
Andrea Burchett
Chief Loyalty Officer Virgin Group & Managing Director Virgin RedLeadership
Luigi Brambilla
Managing Director, Investments And Capital MarketsLeadership
Hirad Horoufchin
Investment DirectorLeadership
Allison Belzberg
Investment DirectorLeadership
Weina Huang
Senior Finance Business PartnerLeadership
Andrew Davis
Vice PresidentLeadership
Kat Lock
Head Of Finance, Loyalty & RoyaltyLeadership
Andreea Ene Murphy
Senior Investment DirectorLeadership
Jesse Harris
Head Of Purposeful LeadershipLeadership
Priyanka Payne
Senior People PartnerLeadership
Robert Blok
Senior Investment And Commercial DirectorLeadership

39 more people are available in the full profile.

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Timeline of Virgin Orbit

3 dated milestones of Virgin Orbit across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Virgin Orbit is founded.
  2. Funding First funding round of $9.5M.
  3. Funding Latest funding round, Series B, of $25.0M.

Competitors of Virgin Orbit

Virgin Orbit has 3 listed competitors in our database, 3 of them funded. They include Astra, Rocket Lab and Firefly Aerospace.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
astra.com2016Alameda, United States$136.93M317
Astra is engaged in providing space launch services.
rocketlabusa.com2006Long Beach, United States$215M1,650
Reusable launch vehicles for small satellite payloads are provided.
fireflyspace.com2014Cedar Park, United States$588.6M384
Provider of small and medium satellite launch vehicles, lunar landers, and orbital vehicles
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Detailed competitors of Virgin Orbit

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Top companies in Space Research & Technology

3 companies that operate in the same segment as Virgin Orbit (Space Research & Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based satellite imagery data and analytics solutions are provided.
2010San Francisco, California, United StatesUSD 601.59 MUSD 307.73 M1,749
Astra is engaged in providing space launch services.
2016Alameda, California, United StatesUSD 136.93 M
Reusable launch vehicles for large payloads are developed and launched.
2002Hawthorne, California, United StatesUSD 11.86 BUSD 18.67 B20,833
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Related news about Virgin Orbit

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Frequently Asked Questions about Virgin Orbit

Virgin Orbit was founded in 2017 and raised its 1st funding round 2 years after it was founded.

Virgin Orbit is headquartered in Long Beach, United States. It is registered at Long Beach, California, United States.

Virgin Orbit is a funded company, having raised a total of $25M across 2 funding rounds to date. The company's 1st funding round was a Grant of $9.46M, raised on Nov 2019.

Annual revenue of Virgin Orbit is $33.11M as on Dec 31, 2022.

Virgin Orbit was founded in 2017 and is based in Long Beach, United States. Operations focus on the aerospace sector, where launch vehicles for small payloads are developed and manufactured. Launch services for commercial and government satellites are offered, supporting applications in earth observation, telecommunication, asset tracking, climate monitoring, and IoT. Dedicated solutions for satellite deployment are provided to various users.

Virgin Orbit's top competitors include Astra, Rocket Lab and Firefly Aerospace.

Virgin Orbit has 1 investor. Key investors include Gov.uk.

Virgin Orbit operates through Virgin Orbit Holdings, Inc..

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