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Virgin Galactic makes satellite launch service new company
Mar 2, 2017 - Associated Press Financial Wire

LONG BEACH, Calif. (AP) - Virgin Galactic's California-based small satellite launch provider is now a separate company.

Virgin Group founder Sir Richard Branson announced Thursday that the new company headquartered in Long Beach is called Virgin Orbit.

The company has been developing an air-launch system for small satellites called LauncherOne.

The LauncherOne rockets will be released from a Boing 747 jet named Cosmic Girl.

Virgin Orbit says it already has substantial lau

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