LauncherOne

Rocket Lab Opens Engine Development Center in Long Beach

Retrieved on: 
Wednesday, October 4, 2023

Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today officially opened the Company’s new Engine Development Center in Long Beach, California.

Key Points: 
  • Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a global leader in launch services and space systems, today officially opened the Company’s new Engine Development Center in Long Beach, California.
  • View the full release here: https://www.businesswire.com/news/home/20231004377821/en/
    Rocket Lab Engine Development Center official opening in Long Beach.
  • L to R: Long Beach Councilwoman Megan Kerr, Rocket Lab CFO Adam Spice, Long Beach Mayor Rex Richardson, California State Senator Lena Gonzalez.
  • “This Engine Development Center builds on the legacy of the Rutherford engine and signals a new era at Rocket Lab with the development of Archimedes, our new large LOx/methane engine which will power the reusable Neutron rocket.

Outpost Appoints Eric Wostenberg as New Vice President of Engineering

Retrieved on: 
Monday, August 7, 2023

SANTA MONICA, Calif., Aug. 7, 2023 /PRNewswire-PRWeb/ -- Outpost, the sustainable space company, announced today that Eric Wostenberg has joined its executive team as Vice President of Engineering to lead all engineering efforts. Wostenberg takes the helm of engineering at Outpost as the company prepares for its second satellite launch, and continues advancement in development of its returnable satellite.

Key Points: 
  • SANTA MONICA, Calif., Aug. 7, 2023 /PRNewswire-PRWeb/ -- Outpost, the sustainable space company, announced today that Eric Wostenberg has joined its executive team as Vice President of Engineering to lead all engineering efforts.
  • Wostenberg takes the helm of engineering at Outpost as the company prepares for its second satellite launch, and continues advancement in development of its returnable satellite.
  • A storied leader with more than 15 years of experience in aerospace engineering across startups and hyper-scale companies, Wostenberg has a proven track record in leading and scaling critical engineering programs at companies on the cutting edge of space exploration.
  • In only 7 months, Outpost built two flight model satellites featuring in-house designed, and built power systems, communications, computers, harnessing and ADCS.

Statement Regarding Virgin Orbit

Retrieved on: 
Tuesday, May 23, 2023

Virgin Orbit Holdings, Inc. (the “Company” or “Virgin Orbit”), a responsive space launch provider, announced today that, following a comprehensive sale process and competitive auction conducted under the United States Bankruptcy Code, the Company will sell its assets to four winning bidders and will cease operations.

Key Points: 
  • Virgin Orbit Holdings, Inc. (the “Company” or “Virgin Orbit”), a responsive space launch provider, announced today that, following a comprehensive sale process and competitive auction conducted under the United States Bankruptcy Code, the Company will sell its assets to four winning bidders and will cease operations.
  • The following is a statement from the Company:
    “Throughout its history, Virgin Orbit has been at the forefront of innovation and has made substantial contributions to the field of commercial rocket launch with its LauncherOne air launch platform.
  • “As Virgin Orbit embarks on this path, the management and employees would like to extend their heartfelt gratitude to all stakeholders, including customers, partners, investors, and employees, for their support and dedication over the years.
  • Virgin Orbit is represented by Latham & Watkins as restructuring counsel, Young Conaway Stargatt & Taylor, LLP as local restructuring counsel, Alvarez & Marsal as restructuring advisor, and Ducera as investment banker.

Virgin Orbit Update on UK Mission Anomaly

Retrieved on: 
Tuesday, February 14, 2023

On 9 January 2023, during the first attempted orbital launch from the United Kingdom, Virgin Orbit’s LauncherOne experienced an anomaly, leading to a premature shutdown of the rocket and failure to reach orbit.

Key Points: 
  • On 9 January 2023, during the first attempted orbital launch from the United Kingdom, Virgin Orbit’s LauncherOne experienced an anomaly, leading to a premature shutdown of the rocket and failure to reach orbit.
  • Virgin Orbit began its investigation into the failure within hours of the conclusion of the mission, under the leadership of distinguished aerospace veteran Jim Sponnick and Virgin Orbit Chief Engineer Chad Foerster.
  • The investigation has confirmed that the Virgin Orbit team successfully executed pre-flight preparations, carrier aircraft takeoff, captive carry flight, and rocket release.
  • Dan Hart, CEO of Virgin Orbit, said: “In space launch, a failure is painful for all involved.

Update on “Start Me Up” Mission Anomaly

Retrieved on: 
Thursday, January 12, 2023

The Start Me Up mission was the first orbital launch attempt in history conducted from western Europe.

Key Points: 
  • The Start Me Up mission was the first orbital launch attempt in history conducted from western Europe.
  • The rocket then ignited its first stage engine, quickly going hypersonic and successfully completing the stage one burn.
  • Later in the mission, at an altitude of approximately 180 km, the upper stage experienced an anomaly.
  • This event ended the mission, with the rocket components and payload falling back to Earth within the approved safety corridor without ever achieving orbit.

Historic UK Mission Reaches Space, Falls Short of Orbit

Retrieved on: 
Tuesday, January 10, 2023

The historic first attempt to launch satellites from British soil reached space late last night, but ultimately fell short of reaching its target orbit.

Key Points: 
  • The historic first attempt to launch satellites from British soil reached space late last night, but ultimately fell short of reaching its target orbit.
  • Though the mission did not achieve its final orbit, by reaching space and achieving numerous significant first-time achievements, it represents an important step forward.
  • We have shown the UK is capable of launching into orbit, but the launch was not successful in reaching the required orbit.
  • Unfortunately we learned that Virgin Orbit experienced an anomaly which means we didn’t achieve a successful mission.

Virgin Orbit Completes Final Successful End-to-end Rehearsal – All Systems Currently ‘Green’ Proceeding Toward Historic U.K. Launch

Retrieved on: 
Friday, January 6, 2023

Start Me Up is a collaborative effort between the United Kingdom Space Agency (UKSA), Cornwall Council, the Royal Air Force, and Virgin Orbit (Nasdaq: VORB).

Key Points: 
  • Start Me Up is a collaborative effort between the United Kingdom Space Agency (UKSA), Cornwall Council, the Royal Air Force, and Virgin Orbit (Nasdaq: VORB).
  • The LauncherOne system that will conduct the mission is now mated to its carrier aircraft, a Boeing 747 dubbed Cosmic Girl, at Spaceport Cornwall.
  • In late December, Virgin Orbit was issued first-of-their-kind launch and range control licenses, which ensured all regulatory, safety, and environmental requirements have been met.
  • With all licences in place, Virgin Orbit and Spaceport Cornwall are now in a position to deliver a historic first orbital launch from UK shores.

Virgin Orbit and Luxembourg Minister of Defence Sign Agreement to Advance Allied Responsive Space Capabilities Across Europe

Retrieved on: 
Monday, October 17, 2022

As part of the agreement, Virgin Orbit, in close coordination with the Luxembourg Directorate of Defence, will assess how a responsive space capability could be based in Luxembourg and optimized for use by NATO and other European allies.

Key Points: 
  • As part of the agreement, Virgin Orbit, in close coordination with the Luxembourg Directorate of Defence, will assess how a responsive space capability could be based in Luxembourg and optimized for use by NATO and other European allies.
  • Virgin Orbit Chief Executive Officer Dan Hart and Luxembourg Deputy Prime Minister and Minister of Defence, Franois Bausch, signed the Letter of Intent for the collaboration at a ceremony in Luxembourg earlier today.
  • Minister of Defence Franois Bausch declared: Luxembourg Defence is constantly searching for new ways to strengthen its role as a reference partner in the space domain.
  • Virgin Orbit (Nasdaq: VORB) operates one of the most flexible and responsive space launch systems ever built.

Virgin Orbit, Spire Global Sign Multilaunch Agreement

Retrieved on: 
Wednesday, October 12, 2022

Building on their shared record for successful collaboration in responsive space, Spire Global, Inc. (NYSE: SPIR), a global provider of space-based data, analytics and space services, has entered a binding Launch Service Agreement with leading launch provider, Virgin Orbit (Nasdaq: VORB), to purchase multiple launches over several years.

Key Points: 
  • Building on their shared record for successful collaboration in responsive space, Spire Global, Inc. (NYSE: SPIR), a global provider of space-based data, analytics and space services, has entered a binding Launch Service Agreement with leading launch provider, Virgin Orbit (Nasdaq: VORB), to purchase multiple launches over several years.
  • Spire will make full use of LauncherOnes demonstrated flexibility by launching to a variety of orbits from mid-inclination to polar all out of Virgin Orbits first spaceport in Mojave, California.
  • Building on that success, the two companies are teaming up to provide rapid and flexible launch solutions to Spires global customer base.
  • Spire joins Virgin Orbits growing backlog of customers seeking both flexibility of launch location and orbital destination.

Virgin Orbit’s Next Rocket Ready for Cornwall

Retrieved on: 
Wednesday, October 5, 2022

Virgin Orbit (Nasdaq: VORB), a leading responsive launch provider, announced today that its latest rocket has completed a full launch rehearsal and is now ready for flight.

Key Points: 
  • Virgin Orbit (Nasdaq: VORB), a leading responsive launch provider, announced today that its latest rocket has completed a full launch rehearsal and is now ready for flight.
  • View the full release here: https://www.businesswire.com/news/home/20221005005294/en/
    Cosmic Girl carries Virgin Orbit's LauncherOne rocket across the California sky.
  • With its newest rocket to date, Virgin Orbit looks to build on an unblemished track record of successful operational orbital launches.
  • The launch from the Cornwall spaceport will demonstrate Virgin Orbits ability to enable virtually any country to become a space faring nation.