NGCA - Virgin Orbit acquires stake in Horizon Technologies

Virgin Orbit, which is set to go public through a merger with SPAC NextGen Acquisition Corp. II (NASDAQ:NGCA), announces that it has made a deal with Horizon Technologies to become  the UK-based Maritime Domain Awareness company's preferred launch partner and take an equity stake in the company. “With this agreement with Horizon we continue to turn vision into reality for our customers looking to better build out their businesses and serve life here on Earth,” said Virgin Orbit CEO Dan Hart. “With systems already known to help combat everything from illegal fishing to smuggling and trafficking, we are excited to partner with Horizon Technologies as we further our mission of opening space for good.” Virgin Orbit has recently announced a series of strategic investments in the growth of its Space Solutions business, including with satellite imaging providers HyperSat as well as SatRevolution. Virgin Orbit plans to complete its next scheduled launch in

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Virgin Orbit acquires stake in Horizon Technologies