SAS 0.00% 1.6¢ sky and space company ltd

Ann: Trading Halt-SAS.AX, page-9

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    How good is this! We are now with a very well-known global Virgin brand company.

    I reckon the deal will be to assist with the deployment of our future nano-sats using the Virgin Galactic “LauncherOne”. This has benefits over the traditional "ground rocket" deployment option.

    The launch and deployment method is different to the traditional main rocket booster setup. This explains how it is done - http://www.virgingalactic.com/satellite-launch/

    The following from website = http://www.virgingalactic.com/

    "LauncherOne, an orbital launch vehicle dedicated to the small satellite market. Once released from the carrier aircraft, the LauncherOne rocket fires up its single main stage engine, a 73,500 lbf, LOX/RP-1 rocket engine called the “NewtonThree.” Typically, this engine will fire for approximately three minutes. After stage separation, the single upper stage engine, a 5,000 lbf LOX/RP-1 rocket engine called the “NewtonFour” will carry the satellite(s) into orbit. Typically, the second stage will execute multiple burns totaling nearly six minutes. Both the NewtonThree and the NewtonFour are highly reliable liquid rocket engines designed, tested, and built by Virgin Galactic."

    Theses great SAS deals are being done and will continue up to and well after the first nano-sat deployment pre-June next year. This is a serious business that will make some serious money – truly amazing!
 
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