Stratolaunch LLC entered into stalking horse bid to acquire Certain assets from Virgin Orbit Holdings, Inc. (OTCPK:VORB.Q) for $17 million on May 16, 2023. In relation to this transaction, Virgin Orbit filed for Chapter 11 bankruptcy protection on April 4, 2023. On May 25, 2023, Stratolaunch announced that it has received approval from the U.S. Bankruptcy Court for the District of Delaware to acquire Virgin Orbit's modified Boeing 747 and its related parts and equipment, marking an expansion of Stratolaunch's air-launch fleet. The acquisition is expected to close by July 31, 2023. Neil Q. Whoriskey, Andrew J. Fadale, Lauren Doyle, Edward Linden, Matthew Ahrens, Thomas Goslin, Max Goodman, John Garces and Nicholas Milburn of Milbank LLP acted as legal advisor to Stratolaunch LLC.

Stratolaunch LLC acquired Certain assets from Virgin Orbit Holdings, Inc. (OTCPK:VORB.Q) on June 5, 2023.