Virgin Orbit has won an extra launch contract from nano-satellite satellite builder SatRev. Virgin has already successfully orbited four craft for SatRev from Virgin’s base in the Mojave Desert. The new launch agreement covers a number of satellites and provides Poland-based SatRev with the flexibility to launch 500 kg. over multiple launches to a variety […]
Sir Richard Branson’s Virgin Orbit satellite launch business has raised a financial stop-gap of $10 million (€9.1m), according to a filing with the US Securities & Exchange Commission (SEC) on January 30th. The cash comes from a sister – but separate – company, Virgin Investments Limited (VIL), the investment arm of the Branson’s Virgin Group. […]
24i, the end-to-end video streaming expert, has promoted David Brown to Chief Technology Officer. As the newest member of the executive team, Brown is focused on developing the right technology and products to advance the video streaming user experience, increase engagement and reduce costs for customers. Before establishing his expertise as Senior Scientist at 24i, […]
Virgin Orbit has reported that its Cosmic Girl launch from Cornwall on January 9th “ultimately fell short of reaching its target orbit”. The company admitted that the effort was not a moment to remember. Investors shared the sentiment and sent Virgin Orbit Holdings share price on the Nasdaq exchange crashing down 22 per cent on […]
Virgin Orbit has received the final licences from the UK’s Civil Aviation Authority (CAA) to commence launches from Spaceport Cornwall, in Newquay, UK. The CAA said that Sir Richard Branson’s company demonstrated it has “taken all reasonable steps to ensure safety risks arising from launch activities are as low as reasonably practicable”. Virgin Orbit could […]
The planned Virgin Orbit flight from Spaceport Cornwall on December 14th has been cancelled. Virgin is blaming the UK’s licensing for the flight which are not yet received. Virgin Orbit’s CEO Dan Hart, speaking to the BBC, said: “With licences still outstanding for the launch itself and for the satellites within the payload, additional technical […]
The four-part docuseries Branson, directed by Chris Smith (100 Foot Wave), debuts in the UK on December 4th on Sky Documentaries and streaming service NOW. Sixteen days before Richard Branson is scheduled to make a potentially historic flight as the first passenger to reach space in his own spacecraft in July 2021, the billionaire entrepreneur sits […]
Virgin Media O2 is helping more people in need access free mobile data by piloting the National Databank for the first time on UK high strees via 10 O2 stores across. The National Databank, founded by Virgin Media O2 and digital inclusion charity, Good Things Foundation, is similar to a foodbank but for free mobile […]
Virgin Galactic is finalising its plans for its ‘next generation’ sub-orbital, tourist spaceplane. Virgin has signed agreements with Bell Textron and Qarbon Aerospace for its new ‘Delta Class’ spaceplane. Virgin will build the planes at a new facility in Mesa, Arizona at a rate of up to six units per year. The company says it […]
Liberty Global’s share price has lately hovered around the $17 mark. Investment bank Jefferies believes this is much too low and has issued a ‘Buy’ revision to its clients with a share price target of $24.80 – an upside of 46 per cent. Jefferies reports on Liberty Global’s key metrics with its Q3 2022 consolidated […]