"LauncherOne’s manifest is filling up fast for a company that is yet to reach orbit. Virgin Orbit has signed a deal with the European Space Agency to launch the SITAEL satellite – a demonstration mission for a new electrical propulsion system. Similarly, NASA has ordered an ELaNa (Educational Launch of Nanosatellites) launch. Additionally, The US Department of Defense has awarded Virgin Orbit a launch contract through Virgin Orbit’s VOX Space subsidiary which handles the national security market.
On the commercial front, GomSpace has ordered a launch for several nanosatellites which will track ships and planes. Cloud Constellation Corporation has signed a deal for 12 LauncherOne missions to deploy its SpaceBelt constellation. SpaceBelt will enable “space-based cloud storage data centers.” And most impressively, OneWeb has signed a deal for 39 LauncherOne flights to deploy a portion of its internet constellation.'
SAS Price at posting:
8.0¢ Sentiment: Hold Disclosure: Held
