(Reuters) – Virgin Orbit Holdings and its subsidiaries in the United States filed its Chapter 11 bankruptcy plan with the U.S. Bankruptcy Court for the District of Delaware, the company said in a statement on Wednesday.
Earlier this month, Virgin Orbit Holdings Inc filed for Chapter 11 bankruptcy protection after the satellite launching business struggled to secure long-term funding following a failed launch in January.
(Reporting by Jahnavi Nidumolu in Bengaluru; Editing by Nivedita Bhattacharjee)
