Richard Branson's Virgin Orbit fails in the first test launch of a new rocket carried aloft by a Boeing 747 and released over the Pacific off the coast of Southern California.
The rocket was supposed to fall for a few seconds before the first of its two stages ignited and hurtled it down the coast toward the South Pole for insertion of its demonstration payload into a low Earth orbit.
“The team’s already hard at work digging into the data, and we’re eager to hop into our next big test ASAP,” the company tweeted. “Thankfully, instead of waiting until after our 1st flight to tackle our 2nd rocket, we’ve already completed a ton of work to get us back in the air and keep moving forward.”
Virgin Orbit is targeting the market for launching satellites ranging in size from toasters to household refrigerators.Technology advancements have enabled satellites much smaller than traditional payloads to do “real work” in space, typically from low Earth orbit, and for markets ranging from commercial to national security, he said.
Hart did not provide a specific dollar value for the missions it has on the books but characterized it as “hundreds of millions.”
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