Stratolaunch says it’s under new ownership

Stratolaunch plane
Stratolaunch’s plane soars during its first test flight in April. (Scaled Composites Photo)

Stratolaunch, the company that was founded by the late Seattle billionaire Paul Allen in 2011 to build a flying launch pad for rockets, says it’s under new ownership.

The transition serves as the latest sign that Jody Allen — Paul Allen’s sister, who took control of his Vulcan Inc. holding company as the trustee and executor of his estate — is paring back and refocusing his many enterprises. Earlier this week, word spread that Vulcan was trimming a significant number of jobs.

Stratolaunch reported the ownership handover today on Twitter and its website, without saying who the new owner is. However, information gleaned from the grapevine at Mojave Air and Space Port, where Stratolaunch’s flight operations are based, suggests that private investors are playing a role.

Get the full story on GeekWire.

By Alan Boyle

Mastermind of Cosmic Log, contributor to GeekWire and Universe Today, author of "The Case for Pluto: How a Little Planet Made a Big Difference," past president of the Council for the Advancement of Science Writing.

Leave a Reply

%d bloggers like this: