The Great Farnborough "International Air Show 2012", Virgin Galactic, the world's first commercial spaceline, Today they announced "LauncherOne", a new air-launched rocket specifically designed to deliver small satellites into orbit. With substantial funding already raised from Virgin Galactic's partner aabar Investments PJS, and with commercial flights of this new orbital launch vehicle expected to begin by 2016, Virgin Galactic aims to offer frequent and dedicated launches at the world's lowest prices. Virgin Galactic also announced that four private companies have already put down deposits as future LauncherOne customers, expressing their intent to purchase a total of several dozen launches, which would exceed the level of early commitment of any previous new launch vehicle.
The New LauncherOne will be a two-stage vehicle capable of carrying up to 500 pounds that is 225 kilograms to orbit for prices below $10 million. And,the rocket will be launched from Virgin Galactic's proven WhiteKnightTwo,it is uniquely capable aircraft also designed to carry along SpaceShipTwo aloft to begin her suborbital missions.Very thanks to the extreme flexibility of air launch, Virgin Galactic's customers will enjoy reduced infrastructure costs in addition to the wide range of possible launch locations tailored to individual mission requirements and weather conditions in this mission.