Virgin Orbit filing for Chapter 11 bankruptcy protection after a

failed to secure a new funding lifeline. The satellite launch company

founded by Sir Richard Branson suffered a cash crunch, exacerbated by

an unsuccessful launch earlier this year.

We believe that the cutting-edge launch technology that this team has created

will have wide appeal to buyers as we continued the process to sell the company, said CEO Dan Hart in a press release.

Virgin Orbit spun off of sister company Galactic in 2017 went public via a SPAC in December of 2021,

touting a number of high-profile investors, including Boeing.

It's something I asked Leanne Corrette about, the former CEO of Boeing Defense Space

and Security, just recently. They had a vision and they were continuing to... space and

they were continuing to focus on having it and those dedicated brilliant engineers

at Virgin Orbit they're going to be highly sought after.

They are going to be clamoring today trying to pick those folks up and there's still

room in the investment space this is a hard business but I do think today in society there is not as much appreciation for the

complexities of going to space I am not certain if the mandate that came out in

the 1960s was the mandate that came out here in the 20-20s that everyone in the public would rally behind it quite as much because it isn't at any cost, it isn't at any option. We want to do things safely, we want to do them efficiently.

Corret is a self-proclaimed space baby, having worked 30 years of Boeing before taking on an

advisor role at the aerospace giant and joining the boards of Raytheon Technologies and John Deer.

In this wide-ranging episode, we discuss everything from Corret's efforts to recruit more women

into the industry to the Artemis lunar program to those starliner delays even

autonomous farming I'm Morgan Brennan and this is manifest space.

Leanne it's so great to have you on Manifest

...