Virgin Galactic Unveils Spin-Off Virgin Orbit for Small-Satellite Launches

Richard Branson's Virgin Galactic space company is spinning off its LauncherOne rocket program into a separate firm to better position itself to serve the booming small-satellite industry, the company said Thursday (March 2). Virgin Galactic CEO George Whitesides will hold the same role in the spin-off, called Virgin Orbit, with day-to-day operations now in the hands of Dan Hart, a veteran Boeing executive hired away to become Orbit's president. More

(Source: Space.com - Mar 3)