Virgin Galactic steals the show at Farnborough 2012

Updated 1406 GMT (2206 HKT) July 11, 2012
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Virgin boss Richard Branson unveiled plans for LauncherOne, Virgin Galactic's new small, low-cost satellite launcher Wednesday. Zvezdan Bozinovski/CNN
Richard Branson hangs out of the window of SpaceShipTwo, currently on display for the first time in Europe at the Farnborough Airshow, with a model of LauncherOne. According to Branson, the maiden voyage for LauncherOne is expected to be 2015. Zvezdan Bozinovski/CNN
Virgin Galactic's SpaceShipTwo is featured in a static display at Farnborough this week. The aircraft is making its European debut with a few modifications. Zvezdan Bozinovski/CNN
Virgin Group founder Sir Richard Branson announced on Wednesday that the first space tourists will take off in 2013. Zvezdan Bozinovski/CNN
According to Virgin Galactic's chief executive and president, George Whitesides, 529 aspiring astronauts -- among them celebrities such as Ashton Kutcher -- have now paid a deposit on the $200,000 ticket. Zvezdan Bozinovski/CNN
Virgin Galactic test pilot David Mackay was also present at the announcement at Farnborough on Wednesday. Zvezdan Bozinovski/CNN
Virgin boss Richard Branson addresses crowds and press at the Farnborough Airshow on Wednesday. Zvezdan Bozinovski/CNN