Welcome to Edition 5.19 of the Rocket Report! Back from the Thanksgiving holiday, there is a lot of news to get to this week, including a report card on the SLS rocket's performance (excellent) and some wild and woolly news from north of the US border. Read on for more.
As always, we welcome reader submissions, and if you don't want to miss an issue, please subscribe using the box below (the form will not appear on AMP-enabled versions of the site). Each report will include information on small-, medium-, and heavy-lift rockets as well as a quick look ahead at the next three launches on the calendar.

Virgin Orbit ends security offering. The US-based launch company announced on the evening before Thanksgiving a "cessation" of a securities offering. "Due to current market conditions, the company has elected not to proceed with an offering," Virgin Orbit said in a statement. "Any future capital raising transactions will depend upon future market conditions." Previously, in October, Virgin Orbit CEO Dan Hart said the company was seeking to raise additional capital after going public as a special purpose acquisition company, or SPAC.
That's not great, but ... As part of the SPAC process, the company set a target to raise $483 million. However, the company only raised $228 million a year ago. Virgin Orbit has an excellent record of technical achievement, with four consecutive successes of its LauncherOne system. But there have long been questions about its financial viability, given the limited potential for growth with an air-launched rocket. This is certainly not the end of the road for Virgin Orbit, which is nearing a historic launch from Cornwall in the United Kingdom. Financially, it also has a hedge fund commitment to fall back on that is valued at $250 million.
ABL debut launch attempt is scrubbed. The first test flight of ABL Space Systems’ new small satellite launcher from Alaska has been delayed until no earlier than December after technical issues cut short a series of launch attempts in mid-November, Spaceflight Now reports. ABL conducted three countdowns during a week-long launch period at the Pacific Spaceport Complex on Kodiak Island, Alaska, to try to send aloft the company’s first RS1 rocket, which is capable of lifting 1 metric ton to low-Earth orbit.