https://apnews.com/article/virgin-orbit-operation-pause-furlough-space-satellites-7b72a0ac9384e7757a1521343a66283f

LONDON (AP) — Virgin Orbit said Thursday it is pausing all operations amid reports that the company is furloughing almost all its staff as part of a bid to seek a funding lifeline.

The U.S.-based satellite launch company confirmed it's putting all work on hold, but didn't say how long for.