Wednesday, July 11, 2012

VG's Next Step

Sir Richard Branson has announced that Virgin Galactic intends to begin offering a satellite delivery service in 2016, thus adding another income stream to the company's fortunes.

WhiteKnightTwo will carry aloft an expendable, two-stage rocket-- LauncherOne-- which will be capable of putting a 500-pound satellite into low Earth orbit, or a 225-pound satellite in Sun synchronous orbit.  VG says it already has  dozens of customers lined up.

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