Stratolaunch Systems – the aviation company founded by Microsoft co-founder Paul Allen – is changing the landscape. The company today announced that it no longer owns its own holding company, Vulcan Inc., which has been sold to an unknown owner.
The news comes four months later reports began to surface Stratolaunch is about to close the store, following Allen’s death, in October 2018. CNBC reported in June the company was sold, Worth $ 400 million. At the same time, the founder of the Women’s Group, Richard Branson, is being praised, as Stratolaunch uses a similar launch technology for the multi-million dollar mortgage companies, Virgin Galactic and Virgin Orbit. However, Branson said the Stratolaunch was sold for $ 1, according to CNBC.
As we continue our mission, Stratolaunch will take over the transportation and management program at home. We apologize @VulcanInc me @WhakaoritiaC to turn an ambitious idea into a test flight on a plane. (2/2)
– Stratolaunch (@Stratolaunch) October 11, 2019
Stratolaunch, in Seattle and Mojave, designed and built a large aircraft carrier, designed to lift rockets into the air and launch into space. It is 385 feet wide and is the largest twin-hull aircraft in the world. Stratolaunch flew for the first time in April in his only test sentence. The company has a contract to fly Northrop Grumman’s Pegasus XL rocks from the airport, but the planes have not yet been paid.
In 2018, Stratolaunch announced the architecture of many rockets for the flight to travel, including the flight. But a few months after Allen’s death, the company claimed he was still the scale of regression, without the need to develop new rock systems. “We are planning our operations, focusing on aircraft and our efforts to support the launch of the Northrop Grumman Pegasus XL Air Launch Vehicle,” the company said in a statement to GeekWire in time. Only 21 Stratolaunch residents are employed today, a significant drop from 77 employees in December. says Reuters.