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


Abu Dhabi fund to invest in Virgin Galactic
Posted: Tue, Jul 28, 2009, 8:09 AM ET (1209 GMT)
WhiteKnightTwo at rollout (J. Foust) An investment fund based in Abu Dhabi has agreed to by a 32% stake in Virgin Galactic for $280 million, the companies announced Tuesday morning. In addition to the investment, Aabar Investments will also provide $100 million to develop a small satellite launcher capability, using the WhiteKnightTwo carrier aircraft already developed as part of Virgin's suborbital space tourism system. Aabar also plans to develop unspecified "spaceport facilities" in Abu Dhabi, part of the United Arab Emirates, for Virgin Galactic. The announcement came one day after WhiteKnightTwo flew cross-country from Mojave, California to Oshkosh, Wisconsin, as one of the centerpieces of the EAA AirVenture air show.
<<previous article   next article>>
news in brief
Rocket Lab maintains 2025 target for first Neutron launch
Posted: Sat, Mar 1 11:32 AM ET (1632 GMT)

Progress launched to ISS
Posted: Sat, Mar 1 11:23 AM ET (1623 GMT)

Falcon 9 launches IM-2 lunar lander
Posted: Sat, Mar 1 11:20 AM ET (1620 GMT)

news links
Friday, March 14
Calls Swell For The U.S. To Invest In Space Superiority
Aviation Week — 4:23 am ET (0823 GMT)
Autonomy Has Outpaced International Space Law
War on the Rocks — 4:20 am ET (0820 GMT)
Sonic boom expected from SpaceX's second launch this week from Vandenberg SFB
KSBY-TV San Luis Obispo, CA — 4:20 am ET (0820 GMT)


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