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Virgin Orbit Reports Second Quarter Results
  • Completed fourth consecutive successful launch in 18 months on July 1, 2022; delivered satellites for the Department of Defense Space Test Program (STP)
  • Signed binding launch contract with iQPS for launch of synthetic aperture radar satellites
  • Announced NRO, U.S. Space Force, UK MoD, and commercial payloads for Cornwall, UK launch
  • Established new Brazilian subsidiary and received launch operator’s license
  • Continued international momentum with signed study for South Korean spaceport

LONG BEACH, Calif. (Virgin Orbit PR)–Virgin Orbit (Nasdaq: VORB) (“Virgin Orbit” or the “Company”), the responsive space flight and services company, today announced its financial results for the second quarter ended June 30, 2022.

Virgin Orbit’s Chief Executive Officer, Dan Hart, commented, “We had another strong quarter of execution, culminating in our latest launch on July 1st. Our ‘Straight Up’ mission, which was our fourth successful launch in 18 months, delivered seven satellites for the DoD. We continue to see strong efficiency gains as we scale production and increase launch rate.”

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  • August 13, 2022
SpaceX Rockets U.S. Launches to New Heights in 2022
Falcon 9 launches 53 Starlink satellites on June 17, 2022. (Credit: SpaceX)

by Douglas Messier
Managing Editor

Powered by 33 flights of SpaceX’s Falcon 9 booster, the United States leads all nations with 48 launch attempts through the first seven months of the year. The total is three short of the number of U.S. launches attempted last year, and far ahead of the 27 launches conducted by second place China through the end of July. The U.S. has conducted more launches than the 43 flights conducted by the rest of the world combined.

A number of notable flights were conducted. SpaceX launched two Crew Dragons to the International Space Station (ISS), including the first fully privately funded mission to the orbiting laboratory. United Launch Alliance (ULA) launched Boeing’s CST-100 Starship crew vehicle on an automated flight test to ISS, a crucial step before astronauts to fly on the spacecraft. Small satellite launch provider Rocket Lab conducted its first deep-space mission by sending a spacecraft the size of a microwave to the moon.

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  • August 2, 2022
Rocket Lab Successfully Launches First of Two Responsive Space Missions for the National Reconnaissance Office
Lift-off of the NROL-162 national security mission for the National Reconnaissance Office on Electron from Rocket Lab Launch Complex 1. (Photo: Business Wire)

LONG BEACH, Calif. (Rocket Lab USA PR) — Rocket Lab USA, Inc (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, has successfully launched the first of two responsive space missions for the National Reconnaissance Office (NRO).

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  • July 13, 2022
Virgin Orbit Mission Success Brings UK Launch Another Step Closer
The “Straight Up” mission carried seven satellites to Low Earth Orbit. (Credit: Virgin Orbit/David Massena)

LONDON (Virgin Orbit PR) — Virgin Orbit’s next satellite launch will take place from the UK, following the success of the “Straight Up” mission, which lifted off from Mojave in California earlier today (2 July 2022).

Science Minister George Freeman and the UK Space Agency welcomed the news that Virgin Orbit has successfully completed its fourth mission from California, and its first night launch.

With this mission complete, Virgin Orbit is on track for launch from Spaceport Cornwall later this year. The UK Space Agency and Cornwall Council are supporting the launch, with Spaceport Cornwall set to create 150 jobs in the local area.

Science Minister George Freeman said:

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  • July 6, 2022
The National Reconnaissance Office Is Partnering With the UK’s Ministry of Defence on Historic Mission Aboard Virgin Orbit’s LauncherOne

Virgin Orbit’s first international commercial rocket launch will carry a joint U.K. and U.S. mission scheduled for takeoff later this year.

LONG BEACH, Calif. (Virgin Orbit PR) — Virgin Orbit (Nasdaq: VORB) announces today that it will carry a joint mission between the United Kingdom’s Ministry of Defence (MOD) and the United States’ National Reconnaissance Office (NRO) in its historic flight out of Newquay Airport in Cornwall, England later this year. It will be the first rocket launch from British soil, and the first commercial launch from Western Europe.

Virgin Orbit will send two satellites to Low-Earth Orbit (LEO) using the LauncherOne launch platform aboard Cosmic Girl, a modified Boeing 747 aircraft. The Prometheus 2 CubeSats will provide a test platform for monitoring radio signals including GPS and sophisticated imaging, expected to pave the way for a more collaborative and connected space communication system with our allies.

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  • June 28, 2022
NSSA Release Report on “United States Space Command: Progress and Opportunities”

ARLINGTON, Va., June 22, 2022 (NSSA PR) — The National Security Space Association (NSSA) today released a report entitled “United States Space Command:  Progress and Opportunities”. Produced by the Association’s Moorman Center for Space Studies, the report notes the importance of the USSPACECOM mission to U.S. national security and economic well-being, describes recent progress of the Command in reaching an “initial operational capability” (IOC), and highlights key challenges and opportunities facing the Command.

The report notes that, for the Command to reach its full potential, expanded cooperation with and support from other Department of Defense organizations and the Congress is required in the following areas:

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  • June 23, 2022
Planet Reports Financial Results for First Quarter of Fiscal Year 2023

Continued Acceleration with Record First Quarter Revenue of $40.1 Million

Received Landmark EOCL Award by the U.S. National Reconnaissance Office (NRO)

Expects Revenue Growth Rate to More than Double YoY for FY’23

SAN FRANCISCO (Planet Labs PR) –Planet Labs PBC (NYSE: PL) (“Planet” or the “Company”), a leading provider of daily data and insights about Earth, today announced financial results for its fiscal first quarter for the period ended April 30, 2022, demonstrating accelerated growth and the momentum of its unique data subscription business.

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  • June 15, 2022
Virgin Orbit Plans First UK Launch for Late August
LauncherOne ignites on its way to space. (Credit: Virgin Orbit)

by Douglas Messier
Managing Editor

LONG BEACH, Calif. — With three successful launches under its belt, Virgin Orbit is planning two flights this summer to demonstrate its agile air-launched booster system, including the first-ever satellite launch from the United Kingdom, a company executive said this week.

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  • May 26, 2022
NRO Announces Commercial Imagery Contracts to BlackSky, Maxar and Planet Worth Billions

CHANTILLY, Va. (NRO PR) — The National Reconnaissance Office (NRO) today announced the results of its largest ever commercial imagery contract effort, awarding Electro-Optical Commercial Layer (EOCL) to BlackSky, Maxar, and Planet. Valued at billions of dollars over the next decade, these contracts mark a historic expansion of the NRO’s acquisition of commercial imagery to meet increasing customer demands with greater capacity than ever before .

“The NRO has a longstanding strategy of ‘buy what we can, build what we must’,” said .Dr. Chris Scolese, director of the NRO. “The diversity offered by our expanding architecture comprised of both commercial and NRO systems increases our resilience and enables an integrated approach to the threats facing our Nation.”

Due to its unclassified and shareable nature, commercial remote sensing data offer important benefits, including increased transparency, mission-critical awareness , and humanitarian assistance. EOCL ‘s unique situational design, featuring user-friendly license agreements and built-in contract flexibility, maximizes shareability across a diverse customer base.

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  • May 25, 2022