ICYMI: Richard Branson's Virgin Orbit is going public through a merger with NextGen Acquisition Corp. II, a blank-check vehicle, in a deal that values it at $3.2 billion and includes an investment from Boeing
Virgin Orbit and rivals Firefly and Rocket Lab are among firms building miniaturized launch systems to capitalize on an expected boom in demand for compact satellites. They offer a unique "air-launch" method of sending satellites to orbit.
"We can turn any runway across the globe, from an airport into a spaceport, because we fly a 747," said Chief Executive Officer Dan Hart, a former executive of the U.S. planemaker.Billionaire entrepreneur Richard Branson at a news conference in New Mexico, U.S., July 11, 2021. REUTERS/Joe SkipperThe rocket has to "start work" when it is already at 35,000 feet, reducing carbon use by 90%, Hart said in an interview.
He added the company was pursuing $4 billion in opportunities and had $300 million in backlogs across contract and launch service deals, among others. It won a $35 million contract in 2020 from the U.S. Space Force for three missions.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Wisconsin Cow Spotted Going Through McDonald's Drive-ThruThe cow was in the backseat of a Buick sedan.
Leer más »
Forbes catches SPAC waveForbes agreed to merge with a special-purpose acquisition company in a deal valued at $630 million. It’s not in the same stratosphere as what Axel Springer will pay for Politico but more in line with what traditional outlets are worth, jennifersaba says.
Leer más »
Heavily-Funded Electric Truckmaker Rivian Plans IPO With Confidential SEC FilingThe best-funded electric vehicle startup in U.S. history is moving ahead with plans to go public.
Leer más »
Capitol Police officer who killed Ashli Babbitt on January 6 speaks publicly for first timeThe veteran US Capitol Police officer who killed pro-Trump rioter Ashli Babbitt went public, revealing his identity and defending his actions on January 6. 'I know that day I saved countless lives,' he said.
Leer más »
Astra stock drops after cutting short rocket launch, with next attempt expected in the coming daysAstra cut short its first launch attempt since the company went public, with the rocket's engines firing for a moment and then shutting down.
Leer más »