Digital Engineering to be Provided to Virgin Orbit by Redwire

Redwire has been selected by Virgin Orbit to provide digital engineering solutions that will support multi-mission planning through systematic analysis and advanced modeling and dynamic mission simulation. This critical capability will enhance Virgin Orbit's end-to-end responsive space service offering.

"Redwire is extremely proud to support Virgin Orbit with our state-of-the-art ACORN Digital Engineering software suite and other critical technologies."

Peter Cannito, Chairman and CEO of Redwire.

"Redwire is extremely proud to support Virgin Orbit with our state-of-the-art ACORN Digital Engineering software suite and other critical technologies," said Peter Cannito, Chairman and CEO of Redwire. "These solutions significantly enhance their ability to rapidly design, develop and deploy space capabilities anywhere in the world."

"We are excited about the partnership with Redwire and how combining our capabilities will build and enhance our current and future ability to serve our growing markets," said Dan Hart, President and CEO of Virgin Orbit.

Redwire recently announced the debut of its Hyperion Operational Space Simulation Laboratory (HOSS)—a first-of-its-kind digital engineering environment that leverages the company's full suite of digital engineering capabilities, including software- and hardware-in-the-loop configurations, to enable next generation space architectures and solutions, such as advanced artificial intelligence, machine learning and cyber technologies. HOSS enables collaboration with government and commercial partners such as Virgin Orbit to rapidly design, develop, deploy, operate and maintain mission critical space capabilities.

Virgin Orbit, through its parent company Vieco USA, Inc. and special purpose acquisition company (SPAC) NextGen Acquisition Corp. II, recently announced that they have entered into a definitive merger agreement under which Virgin Orbit will become a publicly-traded company. Upon closing, the transaction is expected to provide the combined company up to $483 million in cash proceeds, including up to $383 million of cash held in the trust account of NextGen (assuming no redemptions) and a $100 million fully committed PIPE. The combined company will retain the Virgin Orbit name and is expected to be listed on Nasdaq under the ticker symbol “VORB.”

(Source: Redwire news release. Image from file)