NextGen Acquisition Corp. II (NGCA) to Combine with Virgin Orbit in $3.2Bn Deal

Aug 23, 2021 INTEL by Nicholas Alan Clayton

NextGen II (NASDAQ:NGCA) has entered into a definitive agreement to combine with space venture Virgin Orbit at an enterprise value of $3.2 billion, or 2.1x its 2025E revenue Virgin Orbit delivers satellites to orbit from an airplane-based system with launch sites selected in the UK and Brazil with additional locations slated for Japan and the
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NextGen Acquisition Corp. II (NGCA) to Combine with Virgin Orbit in $3.2Bn Deal

NextGen Acquisition Corp. II (NGCA) to Combine with Virgin Orbit in $3.2Bn Deal

ByNicholas Alan Clayton