Oops; After a claimed investment by Virgin Group of US$100 - TopicsExpress



          

Oops; After a claimed investment by Virgin Group of US$100 million,[34] in 2010 the sovereign wealth fund of Abu Dhabi, Aabar Investments group, acquired a 31.8% stake in Virgin Galactic for US$280 million, receiving exclusive regional rights to launch tourism and scientific research space flights from the United Arab Emirates capital.[34] In July 2011, Aabar invested a further US$100 million to develop a program to launch small satellites into low Earth orbit, raising their equity share to 37.8%.[35] Virgin announced in June 2014 that they were in talks with Google about the injection of capital to funding both development and operations.[36] The New Mexico government has invested approaching $200m (£121m) in the Spaceport America facility. https://en.wikipedia.org/wiki/Virgin_Galactic
Posted on: Sun, 02 Nov 2014 19:00:19 +0000

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