Virgin Galactic, the space tourism arm of billionaire Richard Branson’s Virgin empire, will work with engine maker Rolls-Royce to develop an aircraft capable of travelling at around three times the speed of sound.
Rolls-Royce North America Chairman Tom Bell says in the statement that his company “brings a unique history in high speed propulsion, going back to the Concorde, and offers world-class technical capabilities to develop and field the advanced propulsion systems needed to power commercially available high-Mach travel.”
Virgin says that it has already demonstrated that its design concept “can meet the high-level requirements and objectives of the mission.” The successful return to super-sonic flight will mark the first time since 2003 that Concorde planes have been in commercial use. The Virgin Galactic’s New York Stock Exchange-listed shares rose 5% Monday as of 1:45 pm E.T. to $23.49. Shares are still some way off a high of $37.35 in mid FebruaryBack in June, Branson sold around $500 million of Virgin Galactic shares as the pandemic threatened his airline and business empire. Now he is pushing forwards with his plans in space tourism and small satellites.International Airshow 2012 in Hampshire.
A sister company to Branson’s Virgin Galactic, Virgin Orbit hit the headlines last May after its attempts to launch a rocket over the Pacific Ocean failed.The plan to launch a rocket from under the wing of a retired 747, known as Cosmic Girl from Mojave Air and Space Port to the north of Los Angeles was “safely terminated” after the LauncherOne rocket “ignited” but failed to climb into orbit.the launch “proved” that dropping the rocket from the wing of a plane “could and would work.
Following an investigation, Orbit confirmed Monday that the rocket failed due to a breach in a high-pressure line carrying cryogenic liquid oxygen to the first-stage combustion chamber. The engine soon stopped providing thrust and the demonstration launch ended.
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