Saudi Arabia to invest $1bn in Virgin space companies

Investment of £760m into Richard Branson’s space companies will enable ‘next generation of human spaceflight’Saudi Arabia will plough around $1bn ( £760m) into Sir Richard Branson’s Virgin space companies.The cash injection will be made to Virgin Galactic, The Spaceship Company and Virgin Orbit – with the option of $480m (£364m) of extra investment.Continue reading...
Source: Guardian Unlimited Science - Category: Science Authors: Tags: Virgin Group Space Sir Richard Branson Virgin Galactic Saudi Arabia Business Middle East and North Africa Science UK news Source Type: news