Pursuits
Virgin Orbit Replaces Filter Blamed for January Launch Failure
- CEO Hart says modified rocket to use ‘more robust’ filter
- Shares climb as company hints at plans for next launch
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Virgin Orbit Holdings Inc. is replacing a filter in its rocket that likely played a role in a failed launch last month as the company seeks to recover from a “painful” event that has weighed on its stock.
While Virgin Orbit is still investigating the cause of the failure, it likely stemmed from a fuel filter that was “dislodged from its normal position” inside part of the rocket’s fuel line, according to a statement Tuesday.