Virgin Galactic has new competitor as United unveils supersonic plans
Concorde was the last supersonic aircraft in mainstream commercial service
Company
Virgin Galactic Holdings Inc
NYSE:SPCE
Virgin Galactic is the world’s first commercial space line and vertically integrated aerospace company, pioneering human spaceflight for private individuals and researchers. It believes the commercial exploration of space represents one of the most exciting and significant technology initiatives of our time. It is embarking on this commercial exploration journey with a mission to put humans into space and return them safely to earth on a routine, consistent and affordable basis. Using its proprietary and reusable technologies, and supported by a distinctive, Virgin–branded customer experience, it is developing a spaceflight system designed to offer customers a unique, multi-day experience culminating in a spaceflight that includes several minutes of weightlessness and views of Earth from space. It is in the final stages of development, having already completed two crewed flights of its vehicle into space, and anticipates initial commercial launch in 2020.
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Virgin Galactic completes long-awaited third space flight
The company will now review all test data gathered and inspect the spaceship and mothership
Virgin Galactic looks to wrestle space flights back on course this weekend
Back in December, the ship’s rockets misfired during a manned flight test and there were more problems in February
Virgin Galactic hints at further delays as billionaires leapfrog Branson in space tourism race
The company's next test flight had been planned this month but it says the timing “is currently being evaluated”
Virgin Galactic unveils new spaceship, prepares for delayed test flight
A new modular design will “lay the foundation for the design and manufacture of future vehicles”
Virgin Galactic delays next space flight to May amid ongoing engine troubles
The firm had aimed to conduct a flight test around February 13 after a previous test in December was cut short by engine anomalies in its spacecraft
Virgin Galactic hit by UBS downgrade after shares more than double in 2021
After a failure in December, the space tourism company's launch window reopens later this week for a test of powered flights, which if successful could see commercial flights begin later this year
Virgin Galactic eyes spaceship test flight window to correct previous mission's failure
A key objective of the flight will be to test the remedial work since the spaceship's onboard computer halted ignition of the rocket motor in its previous attempt to reach space
New space ETF on the horizon lifts shares in Virgin Galactic, Maxar and SRAC
The ARK Space Exploration ETF plans to invest in micro-cap to blue chip companies, spanning both US and overseas equities in both developed and emerging markets
Virgin Galactic set to return to earth after rocket fails to reach space
Analysts said the fact that the safe landing was an important validation of the spacecraft's safety mechanisms
Virgin Galactic blames coronavirus restrictions as it delays space flight
A revenue-generating flight had been planned for between this Thursday and next Monday
Virgin Galactic soars as more analysts get on board space tourism story
“While this is an untested market, we believe SPCE’s offering will be tapping into significant latent demand for space tourism,” one analyst said
Virgin Atlantic files for bankruptcy protection in US, Branson warns over cashburn as clock runs down for rescue deal
The transatlantic airline must seal its £1.2bn rescue deal in the coming weeks in order to avoid administration.
Virgin Galactic and Rolls-Royce team up to join race for first supersonic jet since Concorde
Rolls-Royce worked on the joint development of Concorde, which was launched in the 1970s but retired in 2003
Virgin Galactic completes second test flight ahead of commercial launch
The test flight "marks another important milestone as the team progresses toward the launch of Virgin Galactic’s commercial service", the company said
Richard Branson plans to sell down Virgin Galactic stake to save other businesses
The billionaire's 22% stake in the space tourism company is worth more than US$2bn
Virgin Galactic flies to new highs as space tourism interest rockets
Shares in the company founded by Richard Branson have rocketed more than 180% since the start of 2020