Given the vast amount of money spend on Virgin Orbit to develop a rocket that promised to be cheap, the fact that the company failed is no surprise whatsoever (see HERE). But their failure is other companies gains.

No one should be surprised Virgin Orbit failed—it had a terrible business plan

Stratolaunch bought VO’s modified 747 with the intention of using it to launch things. This probably makes a lot more sense than their gigantic ROC carrier aircraft… too much airplane for many missions, and not exactly capable of landing on every runway in the world. Big as the 747 is, there are a *lot* of airports with decades of experience accommodating it.

Stratolaunch Expands Fleet with Virgin Orbit’s Modified Boeing 747

And the New Zealand/American company Rocket Lab has purchased a fair chunk of VO’s infrastructure:

Rocket Lab Bolsters Neutron Rocket Program with Purchase of Virgin Orbit Long Beach California Assets

Good for them. Instant growth, and, hopefully, continued employment for some VO staff. And if nothing else at least the ChiComs didn’t get it.