The United Kingdom is one step closer to conducting its first ever satellite launch from its own shores
The UK Civil Aviation Authority , a regulatory body, said on Wednesday that it had granted the final licenses to Virgin Orbit to carry out the launch. Virgin Orbit, a US subsidiary of Richard Branson’s Virgin Group, plans to launch a rocket into space off of a modified Boeing 747 jet, named “Cosmic Girl.” The rocket, which will be launched over the Atlantic Ocean, will carry nine satellites into orbit.
Britain has been working on commercial spaceports for several years in a bid to capture a bigger share of the rapidly growing space market, which Morgan Stanley estimates could be worth over $1 trillion by 2040. “Today we are one step closer to opening the UK’s galactic gateway, with Virgin Orbit receiving an historic first license to allow the UK’s first ever spaceflight launch,” UK transport secretary Mark Harper said in a statement on Wednesday.
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