Britain presses on with bid to lead space industry despite recent Virgin Orbit rocket launch failure

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As the world's second largest manufacturer of satellites, Britain wants to take the final step of deploying them, rather than outsourcing that lucrative business to other countries.

Aerospace manufacturing firm Space Forge, which had a satellite on the failed LauncherOne rocket, said the price of getting to space is becoming cheaper, making it easier for more players to come onboard.

Despite launching the LauncherOne from England, Virgin Orbit is an American company and the rocket was designed and built in California. “We are currently a team of 120 people working to build a rocket to reliably take our customers’ payloads into lower earth orbit, launching from Scotland,” said its chief executive officer Chris Larmour.

The vast majority were smaller satellites for observation, communication or the Internet, and carried by commercial suppliers.

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