News Snapshot:
[1/3] A replica model of Virgin Orbit's LauncherOne rocket sits in a media area ahead of UK's First launch at Newquay Airport in Newquay, Britain, January 8, 2023. REUTERS/Henry Nicholls April 8 (Reuters) - As the fortunes of Richard Branson's Virgin Orbit were crashing to Earth last month, a little-known investor called Matthew Brown appeared offering a $200 million rescue. Within two days of being contacted by Brown, Virgin Orbit Chief Executive Dan Hart had secured board backing for a preliminary agreement with the 33-year-old Texas-based investor, according to related documents and email exchanges reviewed by Reuters and three people...
