Virgin Galactic to launch tourism and scientific research space flights from the United Arab Emirates capital. In July 2011, Aabar invested a further to develop a program to launch small satellites into low Earth orbit, raising their equity share to 37.8%. Virgin announced in June 2014 that they were in talks with Google about the injection of capital to fund both development and operations. The New Mexico government has invested approaching $200m (£121m) in the Spaceport America facility, for which Virgin Galactic is the anchor tenant; other commercial space companies also use the site. In February 2007, Virgin announced that they had
Space industry Space industry Space industry refers to economic activities related to manufacturing components that go into Earth's orbit or beyond, delivering them to those regions, and related services. Owing to the prominence of the satellite-related activities, some sources use the term satellite industry interchangeably with the term space industry. The term space business has also been used. A narrow definition encompasses only hardware providers (primarily related to launch vehicles and satellites). This definition does not exclude certain activities, such as space tourism. Thus more broadly, space industry can be described as the companies involved in the space economy, and providing goods