ArianeGroup Chief Executive André-Hubert Roussel has said the Ariane family of rocket launchers would be fully reusable starting by the end of this decade. His comments follow on from French Economics Minister Bruno Le Maire who has been highly critical of the Arianespace’s current use of non-reusable rockets, including the giant Ariane 5 and smaller […]
Sir Richard Branson’s aircraft-based satellite launching project, Virgin Orbit, is looking to raise up to $200 million, according to a report in the WSJ. Many of Branson’s projects, not least his airline businesses, have been hit hard by the Coronavirus. The WSJ says that Virgin Orbit (which suspends a powerful rocket from beneath one of […]
Richard Branson has sold 12.3 million shares of his dwindling holdings in his sub-orbital space tourism project Virgin Galactic. The shares were sold to an unnamed buyer through Credit Suisse and were on offer a $15.20 (€13.56) each, which Bloomberg reports, was a 3.9 per cent discount. The shares represent a 16 per cent slice […]