London Daily

Focus on the big picture.
Monday, Jun 01, 2026

Richard Branson's Virgin Orbit heads above the clouds for third commercial flight

Richard Branson's Virgin Orbit heads above the clouds for third commercial flight

Mission comes days after company celebrated going public on the Nasdaq through a merger with NextGen Acquisition Corp. II

The third commercial flight of Richard Branson's satellite launch provider Virgin Orbit has taken off from Mojave Air and Spaceport in California Thursday.

The mission, branded "Above the Clouds" in homage to a 1998 song by Gang Starr, is carrying satellites for the U.S. Department of Defense's Space Test Program, Poland's SatRevolution and space-to-cloud data analytics company Spire Global.




The Department of Defense is launching four research and development satellites from multiple government agencies that are experiments in space-based communications and in-space navigation, as well as a university payload sponsored by NASA.

The contract, known as STP-27VPB, was awarded to Virgin Orbit subsidiary VOX Space by DoD's Defense Innovation Unit, which works to strengthen national security and accelerate the adoption of commercial technology in the U.S. military.

SatRevolution is launching two nanosatellites, STORK-3 and SteamSat-2. STORK-3 will be part of an Earth-observation constellation taking medium-resolution photos for customers in the agricultural sector, while SteamSat-2 will test water-fueled thrusters developed by U.K.-based company SteamJet Space Systems.

In addition, Spire Global will launch Adler-1, which will study the space debris environment in low Earth orbit.


Virgin Orbit has carried a total of 19 satellites into orbit prior to Thursday's launch.

Virgin Orbit uses a technique called air launch, in which its 70-foot-long, 57,000-pound LauncherOne rocket is released at an altitude of 35,000 feet from under the wing of a modified 747-400 jet, dubbed Cosmic Girl, rather than from a traditional launch pad on the ground.

After a four-second freefall, LauncherOne's first-stage engine ignites, accelerating the rocket to approximately 8,000 miles per hour. From there, the second stage engine kicks in, taking LauncherOne to a maximum speed of 17,500 miles per hour.

In addition to improving the payload capacity of the rocket, the technique allows LauncherOne to fly on short notice from a wide variety of locations. LauncherOne, which costs an average of $12 million per flight, or $40,000 per kilogram, can carry satellite payloads weighing between 300 and 500 kilograms.

Virgin Orbit uses a technique called air launch, in which its 70-foot-long, 57,000-pound LauncherOne rocket is released at an altitude of 35,000 feet from under the wing of a modified 747-400 jet, dubbed Cosmic Girl, rather than from a traditional la


For the Above the Clouds mission, Cosmic Girl will travel approximately one hour out to sea before releasing LauncherOne just off the Pacific coast. The rocket will then blast off to a circular orbit of 500 kilometers at an inclination of 45 degrees, lower than its previous missions.

Above the Clouds comes days after the company celebrated going public on the Nasdaq through a merger with NextGen Acquisition Corp. II. Shares of Virgin Orbit, which started trading on Dec. 30, finished Thursday's trading session down more than 5%.


Virgin Orbit CEO Dan Hart previously told FOX Business that the company is planning to launch a total of six flights in 2022. The company has signed new agreements for more than 30 launches with customers, including Japan's All Nippon Airways, HyperSat, Horizon Technologies, SatRevolution and Arqit.

ANA Holdings will create a new spaceport in Japan's Oita region by the end of 2022, pending regulatory approval, and has agreed to procure 20 LauncherOne flights. Virgin Orbit has also established agreements to bring LauncherOne to Brazil, Guam and the United Kingdom, where two flights will take off from Spaceport Cornwall in 2022. In addition, Virgin Orbit is in discussions in Australia and half a dozen other countries around the world for future partnerships.

In an investor presentation in October, Virgin Orbit estimated it will bring in $70 million in revenue by the end of 2022, with more than 50% expected to come from active contracts. The company has roughly $300 million in active contracts, $1.3 billion in active proposals and $2.3 billion in other identified opportunities. Virgin Orbit's Long Beach, California, factory plans to produce as many as 20 rockets per year and the company expects to reach profitability in 2024.

Newsletter

Related Articles

0:00
0:00
Close
Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
Global Critical Mineral Alliances Expand as Western Nations Move to Counter Chinese Supply Dominance
United States Imposes Fifty Percent Tariffs on Mexican Steel and Aluminum Ahead of Trade Pact Review
European Union and China Head Toward Major Trade Conflict Over Clean Technology Exports
United States Economic Growth Severely Downgraded to One Point Six Percent as Stagflation Fears Mount
World Health Organization Warns Central African Ebola Epidemic is Outpacing Containment Efforts
United States Treasury Department Conditions Sanctions Relief on Reopening of the Strait of Hormuz
Iranian Air Defenses Intercept and Destroy United States Military Drone Over Bushehr Province
Iranian Armed Forces Launch Ballistic Missiles Toward Unspecified Targets Prompting Regional Condemnation
United Nations Secretary-General Warns Global Order Facing Highest Level of Conflict Since 1945
Israel Issues Sweeping Evacuation Orders in Southern Lebanon Amid Intensified Hezbollah Conflict
Russia Announces Systemic Military Strikes Targeting Ukrainian Defense and Energy Infrastructure
United States and Iranian Negotiators Reach Draft Agreement to Extend Ceasefire and Resume Nuclear Talks
United Nations Security Council Deeply Divided Over United States Capture of Venezuelan President
US and Iran Exchange Direct Military Strikes Amid Fragile Gulf Ceasefire
World Health Organization Warns of Catastrophic Ebola Outbreak in DR Congo
Russia Threatens New Wave of Strikes on Ukrainian Infrastructure and Embassies
Scientists Warn Atlantic Ocean Currents Could Collapse Faster Than Projected
Anthropic Reaches $900 Billion Valuation in Historic AI Funding Round
Washington Imposes Crippling Sanctions on Iranian Maritime Authority
Japan and the Philippines Initiate Strategic Intelligence-Sharing Pact
Microsoft Deploys Autonomous Computer-Using AI Agents to Global Markets
Anthropic Secures $45 Billion Compute Infrastructure Agreement With SpaceX
U.S. Director of National Intelligence Resigns Amid Administration Shakeup
Micron Technology Crosses Trillion-Dollar Valuation Amid Unprecedented Hardware Demand
Canada and Germany Finalize Historic Long-Term LNG Export Agreement
China Expands International Travel Restrictions on Domestic AI Researchers
Japan Approves Sweeping Overhaul of National Intelligence Apparatus
Global Airlines Scramble Logistics as Middle East Airspace Remains Fractured
Japan's Naphtha Imports Plunge 47 Percent Amid Strait of Hormuz Closure
Global Crude Prices Retreat Below $96 as Gulf Tensions Momentarily Ease
Generative AI Outperforms Human Baselines in Landmark Global Creativity Study
NASA Partners With Private Aerospace to Unveil Permanent Lunar Base Architecture
South Korean Equity Markets Surge on Next-Generation Memory Chip Frenzy
×