Richard Branson's rocket company Virgin Orbit to begin mass producing ventilators

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Richard Branson's rocket company Virgin Orbit to begin mass producing ventilators
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Richard Branson's California-based rocket company Virgin Orbit partnered with medical researchers and developed a ventilator device.

partnered with medical researchers and developed a ventilator device that the company plans to mass produce and send to hospitals around the United States to fight coronavirus.

Virgin Orbit's device compresses medical ambu bags, which help patients with COVID-19 to breathe. Ventilators deliver air to the lungs through a pump that is placed in the windpipe butin the U.S. While Virgin Orbit CEO Dan Hart noted in a video that the company is working with the Food and Drug Administration for approval, he said the company hopes "to get a helpful unit into hospital as soon as possible.

Virgin Orbit expects to be able to make hundreds of thousands of the devices per week in the near future, an industry person familiar with the situation told CNBC.Virgin Orbit recognizes that its not usually in the medical devices business but the company's leadership reached out to the California government to find out what it could be doing.

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