Chapter 11 Bankruptcy Protection Initiated By Virgin Orbit As a continuation of the news JF published last month regarding the evolving situation around Virgin Orbit, this article serves as a follow-up. You may revert to the previous article here... https://www.jetforums.net/threads/news-virgin-orbit-halts-operations.4583/ . Since then, the company has filed for Chapter 11 Bankruptcy Protection. This all stems from that failed launch attempt that happened at the start of 2023. Nine small satellites were lost when the rocket failed to deploy them in orbit.