Richard Branson's Virgin Orbit sends 7 satellites to space in first launch since IPO


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Virgin Orbit Holdings launched satellites for three customers as the newly public company prepares to expand operations outside the US later this year.

Virgin’s Boeing Company 747 aircraft departed at 1.39pm PST on Thursday in Mojave, California.

It then released the 21-metre Launcher One rocket carrying seven small satellites at 2.53pm about 9.1 kilometres over the Pacific Ocean - roughly 80 kilometres south-west of the Channel Islands.

Virgin Orbit said on its webcast that the rocket performed normally during its ascent.

The company's shares rose 3.7 per cent to $9.75 in late trading after the rocket’s launch.

The payload consists of satellites for the US Defence Department and Colorado-based Spire Global Incorporated as well as two nanosatellites for SatRevolution, a manufacturer based in Wroclaw, Poland. They will orbit at an altitude of 500km.

Virgin Orbit, founded by Richard Branson, is aiming to carry out five more missions this year, including two in the summer from Cornwall, UK, which will be the company’s first international foray.

The company plans to launch from Japan as soon as 2023 and to eventually make flights from Guam and Brazil.

The latest mission was named “Above the Clouds” after a song on the Gang Starr album Moment of Truth, released in 1998 by Virgin Records.

Virgin Orbit's LauncherOne rocket is pictured after an opening bell ringing at the Nasdaq in Times Square in the Manhattan. Reuters
Virgin Orbit's LauncherOne rocket is pictured after an opening bell ringing at the Nasdaq in Times Square in the Manhattan. Reuters
The specs

Engine: 2.0-litre 4cyl turbo

Power: 261hp at 5,500rpm

Torque: 405Nm at 1,750-3,500rpm

Transmission: 9-speed auto

Fuel consumption: 6.9L/100km

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Founder: Badr Ward

Launched: 2014

Employees: 60

Based: Abu Dhabi

Sector: EdTech

Funding to date: $15 million

Chef Nobu's advice for eating sushi

“One mistake people always make is adding extra wasabi. There is no need for this, because it should already be there between the rice and the fish.
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“Chopsticks are acceptable, but really, I recommend using your fingers for sushi. Do use chopsticks for sashimi, though.
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Libya's Gold

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The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.

Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.

A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.

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Namoos - a word of congratulations reserved for falconry competitions, camel races and camel pageants. It best translates as 'the pride of victory' - and for competitors, it is priceless

Asayel camels - sleek, short-haired hound-like racers

Majahim - chocolate-brown camels that can grow to weigh two tonnes. They were only valued for milk until camel pageantry took off in the 1990s

Millions Street - the thoroughfare where camels are led and where white 4x4s throng throughout the festival

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Tokenisation refers to the issuance of a blockchain token, which represents a virtually tradable real, tangible asset. A tokenised asset is easily transferable, offers good liquidity, returns and is easily traded on the secondary markets. 

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

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UAE fixtures

Thursday, February 8 v Kenya; Friday, February v Canada; Sunday, February 11 v Nepal; Monday, February 12 v Oman; Wednesday, February 14 v Namibia; Thursday, February 15 final

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UAE currency: the story behind the money in your pockets
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Director: Rohit Shetty

Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone

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MANDOOB
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Torque: 390Nm

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Founder: Omar Onsi

Launched: 2018

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Financing stage: Seed round ($12 million)

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Updated: January 14, 2022, 6:11 PM