“GOLauncher” - an air-launched rocket system specifically designed for launching small satellite payloads. Credit: Generation Orbit Launch Services, Inc.

“GOLauncher” – an air-launched rocket system specifically designed for launching small satellite payloads. Credit: Generation Orbit Launch Services, Inc.

There’s a new entry in the air-launched rocket system business to hurl small satellites into Earth orbit.

Generation Orbit Launch Services, Inc. (GO) of Atlanta, Georgia signed an exclusive investment banking agreement with The Inman Company, an investment banking firm.

As part of the GO team, Inman will assist in raising capital to fund GO’s “GOLauncher” – an air-launched rocket system specifically designed for launching small satellite payloads.

The intent of the effort is to provide transportation services for nano and microsatellites, enabling developers and operators to unlock the full commercial and scientific potential of this rapidly growing market segment, according to a company press statement.

John Olds, CEO of GO, stated: “Now that we’ve passed many of the initial development milestones for GOLauncher, assembled a top-notch team of suppliers and partners, completed some early hardware ground testing, and sold the first flight to NASA, management believes that it is time to tap the equity markets to move our company into the next phase of its growth.”

To watch a video on the concept, go to:

http://www.generationorbit.com/videos.html

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