Saudi Arabia to invest $1bn in Virgin space companies

Investment of 760m into Richard Branson's space companies will enable 'next generation of human spaceflight'

Saudi Arabia will plough around $1bn (760m) into Sir Richard Branson's Virgin space companies.

The cash injection will be made to Virgin Galactic, The Spaceship Company and Virgin Orbit - with the option of $480m (364m) of extra investment.