Virgin Goes Galactic With Satellites
2009-08-02 0:00

From: telegraph.co.uk


Virgin Galactic is developing a launcher that could propel satellites


Sir Richard Branson's Virgin Galactic is developing plans to use its space tourism vehicle WhiteKnightTwo as a platform to launch commercial satellites by 2012

The company is working with UK space exploration company Surrey Small Satellites on plans to develop a launcher that could propel a 200kg satellite into space at roughly 10pc the cost of current technology.

Will Whitehorn, president of Virgin Galactic said: "We have the technology and the investment to put this together. We hope to develop a preliminary satellite launch vehicle ourselves, but will go to the wider market to produce something capable of carrying 200kg, which we believe is the sweet spot in the market."

Mr Whitehorn said that the company hoped to have proposals to put to the market for the development of the satellite launch vehicle in the next four months.

Virgin Galactic has secured $100m of funding from Abu Dhabi's Aabar Investments for the commercial satellite business on top of the $280m co-investment in its space tourism business announced last week. The extra investment would take Aabar's stake in Virgin Galactic from 32pc to 38pc.

The satellite business will target the growing market for low-orbit earth observation and communication satellites.

According to Mr Whitehorn, it could also be used to start construction of server farms in space and to create mobile and broadband networks that could serve areas such as Africa that do not have good cable networks.

Although the development is in its early stages, it could provide a significant boost to the UK space industry, which according to Mr Whitehorn employs around 70,000 people and represents £2.5bn per year in net exports.

Mr Whitehorn said: "This is a hidden industry in the UK but a very important one. In terms of net exports it is bigger than the car industry.

"We hope to be able to use the development of our commercial satellite business to leverage off the tourism work we are already doing and to add real value to the UK economy."

Source: Vtelegraph.co.uk

Virgin Galactic Strikes Deal with Swedish Government




Related Articles
Virgin Galactic Strikes Deal with Swedish Government
Billionaire Picks One-Horse Town To Start Space Empire
Virgin unveils spaceship designs
virgingalactic.com


Latest News from our Front Page

School Textbook: “There’s No Such Thing as Reverse Racism” Only White People can be Racist
2015-03-03 2:14
Only white people can be racist. A school textbook teaches students that “there is no such thing as reverse racism” and that women can never be as sexist as men. The passage, which appears to be taken from a “multicultural education series” book entitled Is Everyone Equal, states, “STOP: There is no such thing as reverse racism or reverse sexism (or the ...
Americans to Receive Full Biometric Treatment for all Forms of European Travel
2015-03-02 23:39
Travel becomes truly ominous... In a trend that isn't wholly surprising, EU Observer reports: US citizens and other non-EU nationals who enter Europe will be asked to have their faces image-captured and fingerprints scanned upon arrival at a half-dozen major airports. [emphasis added] This "biometric dragnet" is the pilot test for the EU's new "smart borders" packages. The test ...
Breaking: Google gives new meaning to “Orwellian”
2015-03-02 18:14
Becomes Ministry of Truth “…if all records told the same tale — then the lie passed into history and became truth.” (1984, George Orwell) The New Scientist has the stunning story (2/28/15, “Google wants to rank websites based on facts not links,” by Hal Hodson): “THE internet is stuffed with garbage. Anti-vaccination websites make the front page of Google, and fact-free ‘news’ stories ...
Boris Nemtsov, Putin Foe, Is Shot Dead in Shadow of Kremlin - A Staged Shooting?
2015-02-28 22:37
NY Times: Boris Nemtsov, Putin Foe, Is Shot Dead in Shadow of Kremlin Mr. Nemtsov, a former first deputy prime minister of Russia, was killed in central Moscow in the highest-profile assassination in Russia during the tenure of President Vladimir V. Putin. A Staged Shooting? ... Why does the dead body of fitness enthusiast Boris Nemtsov have a pot belly? The Anti-New York Times doesn't ...
Spielberg's Hoax - The Last Days of The Big Lie
2015-02-28 20:18
Editor's Note: This is an absolutely SHOCKING video. How this has gone largely unchallenged for such a long time, is a remarkable testimony to the trustworthiness of gullible but good-hearted people. Watch it all the way to the end and learn something new about the remarkable lies and falsehood in our world. If the video is blocked in your country, see ...
More News »