SAS 0.00% 1.6¢ sky and space company ltd

Ann: Investor Presentation - March 2017, page-10

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  1. 29 Posts.

    launching satellites is a lot easier than launching humans into space. correct they haven't quite figured it out yet, but virgin definitely in the process of sorting it out.
    http://www.virgingalactic.com/satellite-launch/l1-performance/


    They are behind schedule but most launch companies do when they first start.. ie spacex.

    The guy running this side of the business, worked for boeing and knows what he's doing.
    http://spacenews.com/former-boeing-executive-to-lead-virgins-smallsat-launch-venture/

    We will have a lot better understanding at the end of this year when they look to launch.
    "We’re well through development of all major subsystems,” including the engines that will power the two-stage rocket, the vehicle’s structures and other major elements of the vehicle."
    He added he did not expect changes in the company’s deal with OneWeb, who signed a contract in 2015 for 39 LauncherOne launches.

    However if the tests don't go well, there are plenty of providers.
 
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