Category: Space

Michael Jones, who was behind three NASA launches in Australia last year, said there’s “a lot of complexity that doesn’t appear to be there” and hinted traditional vertical blast-offs are more successful.

The company has agreed to sell its assets, including its rocket-launching 747, to four winning bidders for just $36 million – barely 1 per cent of Orbit’s valuation in 2021.

Research from King’s College London has found most people would be able to cope with the G-forces experienced during launch and descent of suborbital flights, which are currently offered to tourists at a steep price tag by companies such as Virgin Galactic.

The deadline for final bids on the aerospace firm has been pushed out by four days, from 15 May to 19 May, with the deadline for notifying valid bidders pushed out from 17 to 21 May. Should there be more than one bidder for Virgin Orbit, the auction will take place on 22 May.