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Virgin Orbit announces SPAC agreement, touts air launch tech

Alex GoldmanbyAlex Goldman
August 23, 2021
in Investments, Space Services, Strategy and Markets
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Virgin Orbit and SPAC NextGen Acquisition Corp. II announced Aug. 23 that they have entered into a merger agreement that is expected to close by the end of the year at a pro forma enterprise value of $3.2 billion. The deal will provide up to $483 million in capital, assuming no redemptions, including a $100 […]

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Tags: AE Industrial PartnersAsia PacificBoeingDMG MoriEuropeMiddle EastMubadalaNextGen Acquisition Corp. IINorth AmericaPremiumVirgin Orbit
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