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Virgin Orbit Sets Planned Board

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Long Beach-based Virgin Orbit has set the planned board of directors for the company, assuming its ongoing special purpose acquisition (SPAC) deal goes through as planned. Virgin Orbit is developing a space launch system based on a modified 747-400 aircraft.

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Sea Launch Exits Chapter 11, Acquired By Russian Firm

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Long Beach-based Sea Launch Company , the aerospace firm which offers up an ocean-based space launch platform for rockets, said today that it has emerged from Chapter 11 bankruptcy, and is now majority owned by a Russian company, Energia Overseas Limited (EOL). Sea Launch said the acquisition was acquired by the U.S.