Japanese Startup: Nikkei Asian Review has an interview with Takahiro Inagawa, CEO of Interstellar Technologies, about his company’s plans to develop a cheap booster for launching small satellites. “Our focus is not to develop high-end rockets but something simple and affordable, just like the Super Cub (Honda Motor’s popular small motorbike),” Inagawa said. The company plans its first sounding rocket launch this summer. http://asia.nikkei.com/Tech-Science/Tech/Hokkaido-startup-aims-high-in-small-satellite-launches
Orders for Virgin Galactic’s LauncherOne: Business Insider Australia reports that Australian startup Sky and Space Global plans launch part of its constellation of voice and data network nanosats aboard Virgin Galactic’s LauncherOne. “It is expected to not only deliver substantial cost savings, due to LauncherOne’s ability to carry multiple nano-satellites simultaneously, but will enable us to bolster our bandwidth capacity as we launch further nano-satellites into orbit,” said company founder Meir Moalem. http://www.businessinsider.com.au/australias-sky-and-space-is-using-virgin-galactic-to-launch-nanosatellites-2016-6
UPDATE: The agreement is only a letter of intent, which falls short of firm orders for launches.
Virgin Galactic Fundraising: Sky News says that Richard Branson is raising up to $300 million for “existing shareholders” for Virgin Galactic. “The latest injection of capital is aimed at accelerating the development of Galactic’s commercial satellite venture and expanding production capacity at the company’s headquarters,” Sky News reports. Virgin Galactic declined to comment. http://news.sky.com/story/1716551/branson-injects-cash-into-galactic-space-race