The company will lay off about 90% of its workforce, according to CNBC.
LauncherOne lifts off beneath the wing of a modified 747 named Cosmic Girl. The plane drops the rocket high in the sky, and LauncherOne then makes its own way to orbit.Virgin GalacticVirgin Orbit will provide a severance package to all of the employees who will be let go, Hart said during Thursday's all-hands meeting, according to CNBC's Sheetz.
"This company, this team — all of you — mean a hell of a lot to me," Hart said during the meeting."And I have not, and will not, stop supporting you, whether you're here on the journey or if you're elsewhere."" , a book about the search for alien life. Follow him on Twitter
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