CORNWALL, UK ( Cornwall & Isles of Scilly Local Enterprise Partnership PR) — Business and space industry leaders are backing plans to create the UK’s first horizontal launch spaceport in Cornwall.
Spaceport Cornwall would use planes rather than vertical take-off rockets to put satellites into space from Cornwall Airport Newquay as early as next year, in partnership with California-based launch company Virgin Orbit.
At a meeting on Monday, shareholders of Social Capital Hedosophia (SCH) gave approval to the public company to move forward with an $808 million merger deal with Sir Richard Branson’s Virgin Galactic.
“Holders of 66,333,089 of the Company’s ordinary shares, which represents 76.9% of the ordinary shares outstanding and entitled to vote as of the record date of August 8, 2019, were represented in person or by proxy,” Social Capital said in a document filed with the Securities and Exchange Commission (SEC).
The shareholders approved two resolutions. The first extends the date for completing the merger from Sept. 18 to Dec. 18, 2019.
The second resolution “extends the date on which the Trustee must liquidate the trust account established in connection with the Company’s initial public offering” if the SCH and Virgin Galactic do not complete the merger by Dec. 18.
Under terms of the deal, SCH would own up to approximately 49% of the combined space tourism company, which would be publicly traded. SCH founder Chamath Palihapitiya would become chairman of the board.
For more details about the deal, read the announcement here.
Sometime in 2020, if all goes according to plan, British billionaire Richard Branson will board Virgin Galactic’s SpaceShipTwo VSS Unity at Spaceport America in New Mexico and take the first commercial suborbital space flight in history.
The landmark flight, which Virgin has been trying to conduct for 15 years, will also be the culmination of a 30-year effort by New Mexico to become a commercial space power.
Virgin Galactic opened its Gateway to Space at Spaceport America in New Mexico to the press on Thursday. The opening came nearly eight years after Sir Richard Branson opened the hangar/terminal facility during a dedication ceremony in October 2011.
Earlier this week, the WhiteKnightTwo VMS Eve carrier aircraft relocated to Spaceport America from Mojave. Calif. SpaceShipTwo VSS Unity is set to join it later this year for a series of three or four additional suborbital flight tests.
Branson plans to be aboard the first commercial flight from the New Mexico spaceport next year.
Ten years ago, Mohamed Badawy Al-Husseiny was sitting next to Sir Richard Branson at the Oshkosh air show signing a deal on behalf of Abu Dhabi to invest $280 million in the British billionaire’s space tourism venture, Virgin Galactic.
The wealthy CEO of Abu Dhabi’s sovereign wealth fund, aabar investments, likely had dreams of gazing down on Earth while floating in space aboard Virgin’s SpaceShipTwo.
Today, Al-Husseiny is sitting in a jail cell serving a 10-year sentence for financial crimes. He also has been implicated in one of the largest financial frauds in history involving the theft of more than $4 billion.
According to who you talk to, the Federal Aviation Administration’s (FAA) proposed streamlining of launch and re-entry regulations is either a prudent step forward that provides much-needed flexibility while protecting public safety or a a confusing mess that’s a massive step backward.
Defence Secretary Penny Mordaunt Keynote Speech Air and Space Power Conference 2019 July 18, 2019 Full Speech
Excerpts About Space
And we should be a leading player in space. It won’t just help strengthen our industries. It’ll also provide an incredible opportunity to capture the imagination of a new generation and encourage them to get involved in aerospace.
Fifty years on from the moon landings we’re seeing SpaceX and other
private sector individuals and leaders coming into the sector and making
use of the technology. From satellite launches to more ambitious
It’s no longer a matter of if, but when, the first humans will walk on
Mars. And this year we might see the first routine tourist flights into
LONG BEACH, Calif. (Virgin Orbit PR) — The LauncherOne test program is moving really quickly now in the run-up to our first orbital test flight, as we finalize integration of the test rocket (more on that below) and continue to bang out flight test after flight test. With three successful heavyweight flights now under our belt, we’re soaring higher than a moonsault off the top rope!
As we previously reported, Stratolaunch is up for sale. Paul Allen’s sister Jody Allen, the executor of her brother’s estate, has no interest in continuing the development of the giant airplane, which is designed to air launch rockets.
CNBC reports on the eye popping price tag:
Holding company Vulcan is seeking to sell Stratolaunch for $400 million, people familiar with the matter told CNBC. Vulcan is the investment conglomerate of late billionaire Paul Allen, a Microsoft co-founder. Allen died last October following complications of non-Hodgkin’s lymphoma.
The hefty price tag includes ownership of the airplane as well as the intellectual property and facilities.
Stratolaunch is the world’s largest airplane by wingspan, which stretches 385 feet — longer than an American football field. The plane is powered by six jet engines salvaged from Boeing 747 aircraft.
Allen’s vision of a massive plane that can launch rockets from the air was at least partially fulfilled in April, when Stratolaunch flew for the first time after about eight years in development. Based at the Mojave Air and Space Port in California, the giant airplane flew for more than two hours before landing after what was deemed a successful first flight.
When the contract was announced in June 2015, it seemed like a blockbuster deal: satellite Internet provider OneWeb had placed an order for 39 launches with options for 100 more for Virgin Galactic’s (now Virgin Orbit’s) LauncherOne.
What made the order extraordinary was not just the large number of launches, but the fact that the rocket really didn’t even exist yet. (The fact that Richard Branson’s Virgin Group was an investor in OneWeb probably helped.)
Four years later, the blockbuster deal is a bust. According to a lawsuit filed this week by Virgin Orbit, OneWeb last year canceled 35 of the 39 planned launches., slicing most of the value from the $234 million deal.
SpaceNewsreports that Virgin Orbit orbit is suing for $46.32 million it claims OneWeb owes it from a $70 million contract termination fee.
LONG BEACH, Calif., 10 April 2019 (Virgin Orbit PR) — Virgin Orbit, Sir Richard Branson’s small satellite launch company, announced today that the Pacific island of Guam will become an additional launch site for the company’s LauncherOne service. With its remote location and close proximity to the equator, Guam serves as an excellent base of operations from which the company’s unique, 747-launched rocket can efficiently serve all inclinations, a boon to the rapidly expanding small satellite market. Most excitingly, the new location enables LauncherOne to deliver more than 450 kg to a 500 km equatorial orbit.
Two days before Virgin Galactic completed the ninth powered flight of its SpaceShipTwo suborbital program, rocket billionaire and Blue Origin founder Jeff Bezos threw some shade at billionaire Richard Branson’s rival suborbital space tourism venture. SpaceNewsreports:
Bezos, in the interview, pointed out the altitude difference between the two vehicles. New Shepard has typically exceeded 100 kilometers, an altitude known as the Karman Line, on its test flights. SpaceShipTwo reached a peak altitude of 82.7 kilometers on its most recent test flight Dec. 13, its first above the 50-mile boundary used by U.S. government agencies to award astronaut wings.
“One of the issues that Virgin Galactic will have to address, eventually, is that they are not flying above the Karman Line, not yet,” Bezos said. “I think one of the things they will have to figure out how to get above the Karman Line.”
“We’ve always had as our mission that we wanted to fly above the Karman Line, because we didn’t want there to be any asterisks next to your name about whether you’re an astronaut or not,” he continued. “That’s something they’re going to have to address, in my opinion.”
For those who fly on New Shepard, he said, there’ll be “no asterisks.”
On Friday, Virgin Galactic’s VSS Unity flew to 89.9 km (55.87 miles) on its fifth flight test, which was the highest altitude the program has reached to date.
There are two competing definitions of where space begins. The Federal Aviation Administration (FAA) is awarding civilian astronaut wings to anyone who flies above 50 miles (80.4 km). The Fédération Aéronautique Internationale (FAI) recognizes 100 km (62.1 miles) as the boundary of space, although it is considering lowering the limit to 80 km (49.7 miles).
The FAA awarded astronaut wings to Mark “Forger” Stucky and Frederick “C.J.” Sturckow, who flew VSS Unity above 50 miles in December. The crew of Friday’s flight — pilots David Mackay and Mike ‘Sooch’ Masucci, and chief astronaut instructor Beth Moses — will also qualify for astronaut wings.
New Shepard has flown 10 times without passengers; nine of those flights were above 100 km (62.1 miles). Bezos has said he expects to begin flying people aboard the suborbital spacecraft by the end of this year.
MOJAVE, Calif., 22 Feb 2018 (Virgin Galactic PR) — Today, Virgin Galactic conducted its fifth powered test flight and second space flight of its commercial SpaceShipTwo, VSS Unity.
In its fifth supersonic rocket powered test flight, Virgin Galactic reached space for the second time today in the skies above Mojave CA. Spaceship VSS Unity reached its highest speed and altitude to date and, for the first time, carried a third crew member on board along with research payloads from the NASA Flight Opportunities program.
Virgin Galactic’s SpaceShipTwo Unity completed its fifth powered flight on Friday, setting new altitude and speed records while carrying a third crew member for the first time.
Richard Branson’s suborbital space plane hit Mach 3.04 as it soared to an altitude of 295,007 ft (89.9 km/55.87 miles) over the California’s Mojave Desert. Unity’s previous flight reached Mach 2.9 and an altitude of 82.72 km above the High Desert.
Virgin Galactic Chief Pilot David Mackay was in command with Mike ‘Sooch’ Masucci in the co-pilot’s seat. The company chief astronaut trainer, Beth Moses, was aboard to test out the astronaut experience. She was able to leave her seat in the six-passenger cabin and float around.