Tony Gingiss, formerly chief operating officer at Virgin Orbit, has assumed the COO role at satellite manufacturer Terran Orbital (NYSE: LLAP). He brings to the role more than two decades of production, operations and leadership experience in the defense and aerospace industries, Terran Orbital said Wednesday. Gingiss previously oversaw day-to-day o...

Rocket Lab USA (Nasdaq: RKLB) is in the final stages of completing a purchase agreement for Virgin Orbit’s manufacturing site and production assets in Long Beach, California, after winning the bid through an auction. The $16.1 million deal includes Virgin Orbit’s 144,000-square-foot facility, machinery, equipment and other assets located...

ExecutiveBiz featured Jeff Trauberman, vice president of government affairs for national systems business at Virgin Orbit, in its most recent Executive Spotlight interview published Friday. He talked about his strategic goals for the national security arm of Virgin Orbit and how the business’ capabilities could be used by the military amid thr...

Stephen Zhang, a nearly 13-year veteran of Raytheon Technologies (NYSE: RTX) and United Technologies Corp., has joined Virgin Orbit (Nasdaq: VORB) to serve as the launch services provider’s first vice president of investor relations. He will manage Virgin Orbit’s overall investor relations functions and advise the leadership team on matters ...

Executive Mosaic is honored to present Reginald “Reggie” Brothers, CEO of BigBear.ai, as a recipient of the 2022 Wash100 Award, which annually recognizes the top 100 “executives of consequence” for their impact, innovation, vision and achievements within the government contracting community and across the federal landscape. Brothers, a Go...

Virgin Orbit is set to kick off trading Thursday, Dec. 30, on Nasdaq after it completed its merger with blank check company NextGen Acquisition Corp. II (Nasdaq: NGCA). Shareholders at special purpose acquisition company NextGen approved the business combination on Tuesday and the combined entity will operate as Virgin Orbit Holdings and list its co...

Shareholders at blank check company NextGen Acquisition Corp. II (Nasdaq: NGCA) approved Tuesday the proposed merger with Virgin Orbit and both parties expect the transaction to close before the end of December. The combined entity will adopt the name Virgin Orbit Holdings and trade on Nasdaq under the ticker symbol “VORB” upon closing of the...

Virgin Orbit has purchased a 17.5 percent stake in hyperspectral satellite imaging company Hypersat in a move to expand the California-headquartered launch services provider’s space business. California-based Virgin Orbit said Wednesday it made the investment to provide critical information to customers for use in various missions such as defe...

Virgin Orbit and blank check company NextGen Acquisition Corp. II (Nasdaq: NGCA) have agreed to merge that would result in the satellite launch services provider becoming a publicly traded company with an enterprise value of approximately $3.2 billion. The boards of directors of Virgin Orbit and NextGen have cleared the transaction and both parties ...

Mark Baird, a retired Air Force brigadier general, has been named president of Virgin Orbit’s VOX Space subsidiary. He brings to the role over three decades of aerospace experience as VOX Space works to further advance the delivery of launch services in support of customers in the national security community, the company said Tuesday. “Mark...