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SpiderOak demos OrbitSecure on Ball Aerospace payload – SatNews

SpiderOak demos OrbitSecure on Ball Aerospace payload – SatNews
satnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from satnews.com Daily Mail and Mail on Sunday newspapers.

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Former Virgin Galactic CEO Challenges Congressmember Garcia In Antelope Valley

Whitesides also served as NASA chief of staff during the Obama administration. ....

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Virgin Galactic shares tumble after chairman sells $213 million stake

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Virgin Galactic Holdings tumbled on Friday after its billionaire chairman Chamath Palihapitiya offloaded shares worth about $213 million in the space-tourism company founded by Richard Branson.
Mr Palihapitiya, 44, who has helped drive the frenzied growth of blank-cheque companies, disposed of 6.2 million shares at an average price of $34.32 this week, based on a filing with the US Securities and Exchange Commission.
He still owns 15.8 million shares with his partner Ian Osborne through investment company Social Capital Hedosophia, amounting to about a 6.5 per cent stake.
Mr Palihapitiya previously sold shares worth almost $100m in December, filings show.
The latest transaction allows him to fund an investment to help fight climate change, he said. ....

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Virgin Galactic Chairman Sells Personal Stake for $213 Million

The venture-capital investor Chamath Palihapitiya, chairman of Virgin Galactic, sold his personal stake in Virgin Galactic for about $213 million. ....

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Virgin Galactic chairman sells $213 million stake

Virgin Galactic Holdings Inc. Chairman Chamath Palihapitiya sold his personal holding in the space-tourism company founded by Richard Branson, raising $213 million (Dh782 million).
The Sri Lanka-born businessman disposed of 6.2 million shares at an average price of $34.32 this week, based on a filing with the US Securities & Exchange Commission. He still owns 15.8 million shares with his investment partner Ian Osborne, amounting to a 6.2 per cent stake.
Palihapitiya, 44, and Osborne helped to kick-start the booming Wall Street trend of special-purpose acquisition vehicles, through New York investment firm Social Capital Hedosophia. Its initial SPAC merged with Virgin Galactic in 2019 in a deal that made the Branson startup the world s first publicly traded space-travel venture. ....

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