Orbital Sciences Corporation - Planets & Solar System Illustrations - Stock Certificate
Inv# GS1352 Stock
Exceptional colorful graphics by American Bank Note Co. A special stock!!
Orbital Sciences Corporation (commonly referred to as Orbital) was an American company specializing in the design, manufacture, and launch of small- and medium- class space and launch vehicle systems for commercial, military and other government customers. In 2014, Orbital merged with Alliant Techsystems to create a new company called Orbital ATK, Inc., which in turn was purchased by Northrop Grumman in 2018. The remnants of the former Orbital Sciences Corporation today are a subsidiary of Northrop Grumman, known as Northrop Grumman Innovation Systems.
Orbital was founded and incorporated in 1982 by three friends who had met earlier while at Harvard Business School — David W. Thompson, Bruce Walker Ferguson, and Scott L. Webster. Initial capitalization for Orbital was provided by Fred C. Alcorn, a Texas oilman and Sam Dunnam, a Texas businessman in September 1982. In 1985, Orbital procured its first contract for providing up to four transfer orbital stage (TOS) vehicles to NASA. In 1987, the seeds for the Orbcomm constellation were planted when Orbital began investigating a system using low Earth orbit (LEO) satellites to collect data from remote locations. In 1988, Orbital acquired Space Data Corporation in Arizona — one of the world's leading suppliers of suborbital rockets — thereby broadening its rocket business and manufacturing capabilities. This was followed by the opening of a new facility in Chandler, Arizona in 1989 to house the company's expanding rocket business.
In 1990, the company successfully carried out eight space missions, highlighted by the initial launch of the Pegasus launch vehicle, the world's first privately developed space launch vehicle (the claim of being the first privately developed space launch vehicle can be contested as Pegasus received significant funding from NASA and DARPA, and a predecessor private rocket exists, the Conestoga rocket). Shortly following the successful Pegasus launch, Orbital conducted an initial public offering (IPO) in 1990 and began trading on the NASDAQ stock exchange. In 1993, Orbital established its headquarters in Dulles, Virginia. In 1994, Orbital successfully conducted the inaugural launch of the Taurus (now renamed as Minotaur-C) launch vehicle. Read more at https://en.wikipedia.org/wiki/Orbital_Sciences_Corporation
A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.
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