Virgin Galactic, the space travel outfit belonging to business mogul Richard Branson, unveiled a low-cost option for delivering satellites into orbit called "LauncherOne" this week.
LauncherOne, which Branson announced at the Farnborough Airshow near London, England, is scheduled to begin sending satellites to space in 2016. The vessel will have a cargo capacity of up to 500 pounds and cost under $10 million, according to a release from the company.
Branson hailed the project as a solution for democratizing satellite-based scientific research.
"It will be a critical new tool for the global research community, enabling us all to learn about our home planet more quickly and affordably…
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