Sir Richard Branson-backed Virgin Orbit has taken a 17.5 per cent stake in Earth Observation image company Hypersat, as well as investing in a funding round for Poland-based SatRevolution.

Hypersat is already a client of Virgin Orbit and used Virgin’s rocket plane to launch 6 of its Hyperspectral satellites.

Poland’s SatRevolution is busy raising cash for its small ‘nano-satellites’, and again was an early client of Virgin Orbit’s LauncherOne system.

“Our partnership with Virgin Orbit will help us to develop critical relationships with existing and new customers and to give us speed, momentum and the resilience to deliver over the long term,” said Grzegorz Zwolinski, co-founder and CEO of SatRev.

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Categories: Articles, Business, M&A, Satellite

Tags: Richard Branson, satellite, virgin, Virgin Orbit