Sky and Space Global, a telecommunications opportunity has announced signing a letter of intent with Virgin Galactic to use its vehicle LauncherOne to launch up to 200 micro-satellites into space from 2018. This is a partnership that will not only provide significant cost savings to Sky and Space Global through Virgin Galactic's LauncherOne, but also more flexibility and launch times of small satellites.
According to Sky and Space, using Virgin's LauncherOne will provide significant cost savings, as several satellites can be launched at once, in addition to flexibility in terms of launch timelines and orbital parameters.
"Virgin Galactic is a truly global company with significant resources and support, and this agreement is the first step in what we believe will be a long-term relationship, and it provides Sky and Space Global a genuine and highly sought-after opportunity," Sky and Space Global CEO Meir Moalem said in a statement.
Virgin Galactic had previously committed to developing a commercial satellite-launching program with LauncherOne, which launches from a Boeing 747 already in "advanced study" at the company's Long Beach California manufacturing facility. The LauncherOne enables companies to launch their small satellites through a commercially attractive process.