Virgin Galactic lands contract to launch small satellite network
Aerospace firm Virgin Galactic has landed a contract to launch a U.K. communications firm’s small-satellite constellation.
The contract with Sky and Space Global, announced Monday, is for four dedicated launches of “multiple” satellites on Virgin Galactic’s LauncherOne, a satellite-launching rocket that will drop from the wing of a modified 747.
The flights are expected to start in 2018. Terms of the deal were not disclosed.
LauncherOne is being developed in a Long Beach facility near the airport. Its first test flight is scheduled for next year.
Other customers for LauncherOne include NASA and OneWeb, a company that plans to launch a constellation of hundreds of satellites to provide low-cost Internet access.
For more business news, follow me @smasunaga
ALSO
Blue Origin’s new, more powerful rocket will compete with SpaceX
Yelp is not liable for bad ‘star’ ratings of businesses, court rules
Samsung nominates scion Lee Jae-yong to join its board of directors
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.