Stratolaunch under new ownershipOctober 11, 2019 Stephen Clark
Stratolaunch said Friday that the company has “transitioned ownership” a year after the death of Paul Allen, the company’s billionaire founder who funded the construction of the world’s largest airplane for an airborne satellite launcher. (...)
“Stratolaunch LLC has transitioned ownership and is continuing regular operations,” the company said in a statement. “Our near-term launch vehicle development strategy focuses on providing customizable, reusable, and affordable rocket-powered testbed vehicles and associated flight services.
Stratolaunch did not identify its new owner Friday, or details on the type of launch vehicle it seeks to develop. (...)
Stratolaunch said it would not provide additional information on the company’s status, or grant media interviews. (...)
https://spaceflightnow.com/2019/10/11/stratolaunch-under-new-ownership/Stratolaunch gets mystery new ownerby Jeff Foust — October 12, 2019
HOUSTON — Stratolaunch, the venture founded by the late Paul Allen to develop an air-launch system, has “transitioned” ownership, but the company is not disclosing who the new owner is.
In a brief statement Oct. 11, Stratolaunch said that it “transitioned ownership and is continuing regular operations.” The company had been owned by Vulcan Inc., the holding company of Microsoft co-founder Paul Allen, since its founding in 2011.
The announcement does not state who the new owner is, or the terms of the transaction. A Stratolaunch spokesperson told SpaceNews that the company is “not sharing any details about the new ownership or details of the transaction at this time.”
The company will continue development of a launch service of some kind. “Our near-term launch vehicle development strategy focuses on providing customizable, reusable, and affordable rocket-powered testbed vehicles and associated flight services,” it stated. The company will also handle flight operations in house, rather than using Scaled Composites, which developed the aircraft and managed its original test flight program. (...)
https://spacenews.com/stratolaunch-gets-mystery-new-owner/