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.
The future of Stratolaunch had been in question since the death of Allen a year ago. At the time of his death, Vulcan’s chief executive, Bill Hilf, said no changes were imminent ...