16-01-2015 04:48 via uk.news.yahoo.com

Virgin, Qualcomm to invest in Internet-via-satellite venture

By Irene Klotz CAPE CANAVERAL, Fla. (Reuters) - Richard Branson's Virgin Group and Qualcomm Inc will invest in a venture to build and fly a constellation of 648 satellites that can provide high-speed, global Internet access, company officials said on Thursday. Some of the spacecraft will be launched by Virgin's spaceflight company, Virgin Galactic, which is developing a satellite-delivery service called LauncherOne, as well as a fleet of passenger suborbital vehicles, called SpaceSpace
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