spacetoday.net: space news from around the webin association with SpaceNews


Virgin announces billion-dollar Saudi investment in space companies
Posted: Sun, Oct 29, 2017, 11:43 AM ET (1543 GMT)
SpaceShipTwo first powered flight (Virgin Galactic/MarsScientific.com) Saudi Arabia's sovereign wealth fund has agreed to invest $1 billion into the Virgin Group's space companies. The agreement, announced Thursday and at this point still a non-binding memorandum of understanding, would have the Public Investment Fund of Saudi Arabia invest $1 billion in Virgin Galactic, Virgin Orbit and The Spaceship Company in exchange for a "significant" but minority stake. The funding would accelerate current suborbital and orbital vehicle programs and support Virgin's long-term plans for point-to-point high-speed travel. It also includes "the possibility to develop a space-centric entertainment industry" in Saudi Arabia.
<<previous article   next article>>
news in brief
Union accepts contract to end ULA strike
Posted: Sun, May 20 1:41 PM ET (1741 GMT)

Contamination found in SLS core stage tubing
Posted: Sun, May 20 1:40 PM ET (1740 GMT)

Appropriators pass NASA spending bill that funds WFIRST
Posted: Sun, May 20 1:39 PM ET (1739 GMT)

news links
Tuesday, May 22
ULA machinists vote to end strike against Alabama rocket plant
Huntsville Times — 7:13 am ET (1113 GMT)
David PavlĂ­k From SpaceX to Join Kiwi.com as CIO
PR Newswire — 7:12 am ET (1112 GMT)


about spacetoday.net   ·   info@spacetoday.net   ·   mailing list