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Ladybbird · 09-11-22, 08:18

UK Prepares For First Space Launch From Cornish Airport

BBC News 9 NOV 2022

A small airport in Cornwall is about to make history - when it becomes the site of the very first space launch from the UK later this month.

A Virgin Orbit team is awaiting final clearance for the launch from Newquay which will send a batch of small satellites into space, including the first one built in Wales.

It's hoped this will become a turning point for the UK's space sector.

Ladybbird · 22-12-22, 07:36

UK to Become a True Space Superpower as Virgin Wins Permit For Space Launch

Virgin Wins Permit to Carry Out UK's First Ever Space Launch - From Brand New Facility

Virgin Orbit has secured licences to carry out the UK's first ever space launch in a mission named 'Start Me Up' - and the company plans to launch the aircraft from Cornwall

BBC News 22 DEC 2022.

Richard Branson ’s Virgin Orbit has been awarded licences to operate the UK's first ever space launch.

The aircraft engineering company is planning the launch from Spaceport Cornwall at Cornwall Airport Newquay in the coming weeks.

According to the Civil Aviation Authority (CAA), Virgin Orbit demonstrated it has "taken all reasonable steps to ensure safety risks arising from launch activities are as low as reasonably practicable."

The mission, named Start Me Up in tribute to rock band The Rolling Stones, will involve a repurposed Virgin Atlantic Boeing 747 aircraft and Virgin Orbit's LauncherOne rocket.

The 747 will take off horizontally at Cornwall Airport Newquay while carrying the rocket, before then releasing it at 35,000ft over the Atlantic Ocean to the south of Ireland.

The plan will then return to the spaceport, while the rocket will ignite its engine and continue on up.

The rocket will take multiple small satellites into orbit with a range of civil and defence applications. These will be the first satellites launched into space from Europe.

Previously, s atellites produced in the UK have first needed to be sent to foreign spaceports to get them into space.

CAA director for space regulation Tim Johnson said: “This is another major milestone in enabling the very first orbital space launch from UK shores, and these licences will assist Virgin Orbit with their final preparations for launch.

“Effective licensing forms an integral part of UK space activity, and with public safety at the heart of our decision making we’ve worked with Virgin Orbit to assess their applications and issue licences within our expected timelines.”

Richard Branson’s Virgin Orbit has been given the OK to operate the UK's first space launch

Virgin Orbit chief executive Dan Hart said: “Receiving Virgin Orbit’s range and launch licences takes us one step closer to the first satellite launch take-off from UK soil.

“This is a major milestone for the CAA and represents the successful completion of an enormous effort, which has included the construction of new regulations, new processes and new teams.

“With our partners at the UK Civil Aviation Authority, Spaceport Cornwall, UK Space Agency and our payload customers, together we are progressing towards the first launch from Cornwall – keeping a strong focus on a safe and successful mission for all.”

The first launch will take place in Cornwall

Ladybbird · 06-04-23, 06:42

Virgin Orbit: Richard Bransons' Rocket Firm Files For Bankruptcy

British billionaire Sir Richard Branson's rocket company Virgin Orbit has filed for bankruptcy in the US after failing to secure new investment.

BBC 6 APR 2023

The satellite launch company halted operations weeks ago but it hopes to find a buyer for the business.

The company, based in California, announced last week that it would cut 85% of its 750-strong workforce.

Earlier this year, a Virgin Orbit rocket failed to complete its first-ever satellite launch from UK soil.

Virgin Orbit's boss Dan Hart said that although the company had "taken great efforts" to address its finances and secure more funding, "we ultimately must do what is best for the business."

He said that Virgin Orbit would now concentrate on finding a buyer for the business "to provide clarity on the future of the company to its customers, vendors, and employees".

Virgin Orbit was founded in 2017 and is a spin-off from Sir Richard's space tourism company Virgin Galactic.

It launches rockets from beneath modified Boeing 747 planes to send satellites into space.

But in January, an attempt to send a satellite into orbit from the UK for the first time failed because a rocket fuel filter had become dislodged, causing one of the engines to overheat.

The mission, which launched from Spaceport Cornwall, near Newquay, had been billed as a milestone for UK space exploration.

It was hoped it would mark a major step in helping to turn the UK into a global player - from manufacturing satellites to building rockets and creating new spaceports.

Virgin Orbit, which is mostly owned by Virgin Group, scrambled to find new funding following the UK rocket failure and paused operations last month to conserve cash.

The company, which listed its shares on New York's Nasdaq index in 2021, had debts of $153.5m (£123m) as of September last year.

On Tuesday, the company said Virgin Investments, part of Virgin Group, would provide $31.6m in new money to help Virgin Orbit through the process of finding a buyer.

It has filed for what is known as Chapter 11 bankruptcy protection in the US. This allows a business to keep operating and address its financial issues while providing protection against creditors who are owed money.

Former president of Virgin Galactic Will Whitehorn said the failed launch in Cornwall and the collapse of Silicon Valley Bank at the time it was trying to raise new funding contributed to its downfall.

But Mr Whitehorn said the business deserved a second chance because there was "a lot of demand" in the industry.

"What you have got to remember is they have got nearly 50 satellites into space already, so I think there's a chance they'll be back," he said.

Melissa Quinn, head of Spaceport Cornwall, said the news about Virgin Orbit was "very sad" but said the site would "remain focused on furthering the international space industry".

She said it was the only licensed spaceport in the UK, had multiple users and was working with other launch operators, such as US company Sierra Space.

09-11-22, 08:18	#1
Ladybbird Join Date: Feb 2011 Posts: 47,549 Thanks: 27,621 Thanked 14,458 Times in 10,262 Posts Awards Showcase Total Awards: 8	Virgin Orbit: Richard Bransons' Rocket Firm Files For Bankruptcy UK Prepares For First Space Launch From Cornish Airport BBC News 9 NOV 2022 A small airport in Cornwall is about to make history - when it becomes the site of the very first space launch from the UK later this month. A Virgin Orbit team is awaiting final clearance for the launch from Newquay which will send a batch of small satellites into space, including the first one built in Wales. It's hoped this will become a turning point for the UK's space sector. __________________ PUTIN TRUMP & Netanyahu Will Meet in HELL ..................*SHARKS are Closing in on TRUMP*.......................... *TRUMP WARNS; 'There'll Be a Bloodbath* If I Don't Get Elected'..MAGA - MyAssGotArrested...IT's COMING** PLEASE HELP THIS SITE..Click DONATE & Thanks to ALL Members of ... 1.. THIS SITE IS MORE THAN JUST WAREZ...& TO STOP SPAM-IF YOU WANT TO POST, YOUR FIRST POST MUST BE IN WELCOMES

22-12-22, 07:36	#2
Ladybbird Join Date: Feb 2011 Posts: 47,549 Thanks: 27,621 Thanked 14,458 Times in 10,262 Posts Awards Showcase Total Awards: 8	UK to Become Space Superpower as Virgin Wins Permit For Space Launch UK to Become a True Space Superpower as Virgin Wins Permit For Space Launch Virgin Wins Permit to Carry Out UK's First Ever Space Launch - From Brand New Facility Virgin Orbit has secured licences to carry out the UK's first ever space launch in a mission named 'Start Me Up' - and the company plans to launch the aircraft from Cornwall BBC News 22 DEC 2022. Richard Branson ’s Virgin Orbit has been awarded licences to operate the UK's first ever space launch. The aircraft engineering company is planning the launch from Spaceport Cornwall at Cornwall Airport Newquay in the coming weeks. According to the Civil Aviation Authority (CAA), Virgin Orbit demonstrated it has "taken all reasonable steps to ensure safety risks arising from launch activities are as low as reasonably practicable." The mission, named Start Me Up in tribute to rock band The Rolling Stones, will involve a repurposed Virgin Atlantic Boeing 747 aircraft and Virgin Orbit's LauncherOne rocket. The 747 will take off horizontally at Cornwall Airport Newquay while carrying the rocket, before then releasing it at 35,000ft over the Atlantic Ocean to the south of Ireland. The plan will then return to the spaceport, while the rocket will ignite its engine and continue on up. The rocket will take multiple small satellites into orbit with a range of civil and defence applications. These will be the first satellites launched into space from Europe. Previously, s atellites produced in the UK have first needed to be sent to foreign spaceports to get them into space. CAA director for space regulation Tim Johnson said: “This is another major milestone in enabling the very first orbital space launch from UK shores, and these licences will assist Virgin Orbit with their final preparations for launch. “Effective licensing forms an integral part of UK space activity, and with public safety at the heart of our decision making we’ve worked with Virgin Orbit to assess their applications and issue licences within our expected timelines.” Richard Branson’s Virgin Orbit has been given the OK to operate the UK's first space launch Virgin Orbit chief executive Dan Hart said: “Receiving Virgin Orbit’s range and launch licences takes us one step closer to the first satellite launch take-off from UK soil. “This is a major milestone for the CAA and represents the successful completion of an enormous effort, which has included the construction of new regulations, new processes and new teams. “With our partners at the UK Civil Aviation Authority, Spaceport Cornwall, UK Space Agency and our payload customers, together we are progressing towards the first launch from Cornwall – keeping a strong focus on a safe and successful mission for all.” The first launch will take place in Cornwall __________________ PUTIN TRUMP & Netanyahu Will Meet in HELL ..................*SHARKS are Closing in on TRUMP*.......................... *TRUMP WARNS; 'There'll Be a Bloodbath* If I Don't Get Elected'..MAGA - MyAssGotArrested...IT's COMING** PLEASE HELP THIS SITE..Click DONATE & Thanks to ALL Members of ... 1.. THIS SITE IS MORE THAN JUST WAREZ...& TO STOP SPAM-IF YOU WANT TO POST, YOUR FIRST POST MUST BE IN WELCOMES

06-04-23, 06:42	#3
Ladybbird Join Date: Feb 2011 Posts: 47,549 Thanks: 27,621 Thanked 14,458 Times in 10,262 Posts Awards Showcase Total Awards: 8	Re: Virgin Orbit: Richard Bransons' Rocket Firm Files For Bankruptcy Virgin Orbit: Richard Bransons' Rocket Firm Files For Bankruptcy British billionaire Sir Richard Branson's rocket company Virgin Orbit has filed for bankruptcy in the US after failing to secure new investment. BBC 6 APR 2023 The satellite launch company halted operations weeks ago but it hopes to find a buyer for the business. The company, based in California, announced last week that it would cut 85% of its 750-strong workforce. Earlier this year, a Virgin Orbit rocket failed to complete its first-ever satellite launch from UK soil. Virgin Orbit's boss Dan Hart said that although the company had "taken great efforts" to address its finances and secure more funding, "we ultimately must do what is best for the business." He said that Virgin Orbit would now concentrate on finding a buyer for the business "to provide clarity on the future of the company to its customers, vendors, and employees". Virgin Orbit was founded in 2017 and is a spin-off from Sir Richard's space tourism company Virgin Galactic. It launches rockets from beneath modified Boeing 747 planes to send satellites into space. But in January, an attempt to send a satellite into orbit from the UK for the first time failed because a rocket fuel filter had become dislodged, causing one of the engines to overheat. The mission, which launched from Spaceport Cornwall, near Newquay, had been billed as a milestone for UK space exploration. It was hoped it would mark a major step in helping to turn the UK into a global player - from manufacturing satellites to building rockets and creating new spaceports. Virgin Orbit, which is mostly owned by Virgin Group, scrambled to find new funding following the UK rocket failure and paused operations last month to conserve cash. The company, which listed its shares on New York's Nasdaq index in 2021, had debts of $153.5m (£123m) as of September last year. On Tuesday, the company said Virgin Investments, part of Virgin Group, would provide $31.6m in new money to help Virgin Orbit through the process of finding a buyer. It has filed for what is known as Chapter 11 bankruptcy protection in the US. This allows a business to keep operating and address its financial issues while providing protection against creditors who are owed money. Former president of Virgin Galactic Will Whitehorn said the failed launch in Cornwall and the collapse of Silicon Valley Bank at the time it was trying to raise new funding contributed to its downfall. But Mr Whitehorn said the business deserved a second chance because there was "a lot of demand" in the industry. "What you have got to remember is they have got nearly 50 satellites into space already, so I think there's a chance they'll be back," he said. Melissa Quinn, head of Spaceport Cornwall, said the news about Virgin Orbit was "very sad" but said the site would "remain focused on furthering the international space industry". She said it was the only licensed spaceport in the UK, had multiple users and was working with other launch operators, such as US company Sierra Space. __________________ PUTIN TRUMP & Netanyahu Will Meet in HELL ..................*SHARKS are Closing in on TRUMP*.......................... *TRUMP WARNS; 'There'll Be a Bloodbath* If I Don't Get Elected'..MAGA - MyAssGotArrested...IT's COMING** PLEASE HELP THIS SITE..Click DONATE & Thanks to ALL Members of ... 1.. THIS SITE IS MORE THAN JUST WAREZ...& TO STOP SPAM-IF YOU WANT TO POST, YOUR FIRST POST MUST BE IN WELCOMES

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