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Microsoft Corp
(NASDAQ: MSFT) Add to Portfolio
$133.43
-4.35 (-3.16%)
as of Jun 25, 2019

Virgin Orbit satellite-launching plane to take off from Guam

HONOLULU (AP) — A company owned by British billionaire Richard Branson is picking Guam as a site for its airplane-launched satellite service.

Virgin Orbit plans to launch small satellites from a rocket released by a customized Boeing 747. It has another site in California.

The company said Thursday the U.S. Air Force will allow it to take off from the U.S. territory's Anderson Air Force Base. Guam's international airport is seeking a Federal Aviation Administration license to host launches.

Payloads will weigh up to 450 kilograms (1,000 pounds) and orbit the equator at an altitude of about 500 kilometers (310 miles).

The satellites will be for communications, research and other uses. The U.S. military is expected to be a customer.

Late Microsoft co-founder Paul Allen started a company that will perform similar launches.

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