Sign In  |  Register  |  About Daly City  |  Contact Us

Daly City, CA
September 01, 2020 1:20pm
7-Day Forecast | Traffic
  • Search Hotels in Daly City

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Virgin Orbit ($VORB) Signs Multilaunch Agreement With Spire Global ($SPIR)

Green Stock News LLC

 

Virgin Orbit – TheNewswire - (VORB) has entered into a binding Launch Service Agreement with Spire Global (NYSE: SPIR) to purchase multiple launches over several years. The first launch is expected to take place in 2023.

 

Spire joins Virgin Orbit’s growing backlog of customers seeking both flexibility of launch location and orbital destination. As a small launch provider, Virgin Orbit is dedicated to providing flexible, affordable, rapid launch opportunities anytime, anywhere to the commercial, educational, and government small satellite industry.

 

The launches will also support the growth of Spire Space Services, a platform which offers customers fast and scalable access to space through a subscription model, and continual upgrades and enhancements to the company’s fully deployed satellite constellation.

 

Virgin Orbit CEO, Dan Hart stated: “We’re very pleased to have formed this strategic relationship with the innovative Spire team. Our previous joint execution of the ADLER-1 launch demonstrated the potential of marrying expert satellite capabilities with rapid, flexible launch. Demand from the small satellite market continues to be strong and we are privileged to be among the few operational companies serving this vitally important sector.”

 

Virgin Orbit  operates one of the most flexible and responsive space launch systems ever built. Founded by Sir Richard Branson in 2017, the company began commercial service in 2021, and has already delivered commercial, civil, national security, and international satellites into orbit.

 

Shares of Virgin Orbit trade on the NASDAQ under the ticker symbol VORB. For more information visit www.greenstocknews.com.

  

Source: https://greenstocknews.com/newswire/virgin-orbit-vorb-signs-multilaunch-agreement-with-spire-global-spir

 

Disclaimer

 

This content is not financial advice and is for information, education and entertainment purposes only. Green Stock News is not responsible for any losses related to the financial decisions made by you. Video content and other materials including web content are based on data obtained from sources we believe to be reliable but are not guaranteed as to accuracy and are not purported to be complete. As such, the information should not be construed as advice designed to meet the particular investment needs of any investor. Green Stock News is not responsible for any gains or losses that result from the opinions expressed in this video or materials that it publishes electronically.

 

View original video news clips here: https://greenstocknews.com/green-stock-newswire 

  

Copyright (c) 2022 TheNewswire - All rights reserved.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 DalyCity.com & California Media Partners, LLC. All rights reserved.