Virgin Galactic

Sir Richard Branson’s Virgin Orbit, a satellite launch and services company, will officially become a publicly traded company following its merger with NextGen Acquisition Corp. II (NASDAQ: NGCA).

Virgin Galactic Holdings (NYSE: SPCE) has notched another quarterly loss amid delays in its commercial space service as it shifts its focus to making enhancements to aircraft. The aerospace and space travel company, announcing its third quarter results on Monday, posted a loss of $48.8 million, improving from a $92.1 million loss a year earlier. […]

The commercial spaceflight industry is led by the likes of SpaceX, Virgin Galactic, and Blue Origin, utilizing powerful rockets to shoot customers into space for a few minutes at a time, but one company is opting for a different method—luxury space balloons. Space Perspective plans to launch a capsule lifted by a giant hydrogen balloon […]

Billionaires Jeff Bezos and Sir Richard Branson are on notice: The United Nations is not happy with their recent journeys to the edge of space. U.N. Secretary-General Antonio Guterres appeared to call out the CEOs of Blue Origin and Virgin Galactic this month during a speech to world leaders. While not specifically naming them, Guterres […]

Virgin Galactic has delayed the first commercial research mission of its “Unity” spacecraft as a result of concerns about a “potential manufacturing defect” in part of the flight control system, the company said. The mission, dubbed Unity 23, had been scheduled to lift off in late September or early October, from New Mexico’s Spaceport America […]

The FAA has grounded all Virgin Galactic flights as it investigates a July launch that sent billionaire founder Richard Branson into space. The probe stems from an article published this week by The New Yorker, which said the Unity 22 ship, carrying Branson and five Virgin Galactic employees, veered off course during its descent back […]

Virgin Galactic Holdings on August 3 announced—in collaboration with Rolls-Royce as the powerplant provider—the creation of a new Mach 3 commercial aircraft. Virgin Galactic Holdings includes a spaceship manufacturing arm. There’s no small amount of irony that Virgin Galactic made its announcement of its futuristic travel machine within hours of sister Virgin empire organization, Virgin […]

Virgin Galactic’s SpaceShipTwo last week completed its second successful test flight from Spaceport America in Truth or Consequences, New Mexico marking another important milestone toward the launch of Virgin Galactic’s commercial service. The company said in a news release that, Mark ‘Forger’ Stucky and Michael ‘Sooch’ Masucci, both commercial astronauts, commanded SpaceShipTwo Unity’s flight. The […]

Virgin Galactic (NYSE:SPCE) became the first space tourism company to be publicly traded on the New York Stock Exchange Monday, October 28, following the completion of a merger with holding company Social Capital Hedosophia (SCH). The total SCH investment of $800 million adds to the $1 billion already invested in Virgin Galactic since it was […]

Virgin Galactic has achieved another successful flight, bringing more people to greater speeds and heights in space. Chief pilot Dave Mackay and copilot Michael “Sooch” Masucci launched VSS Unity, also known as SpaceShipTwo, from WhiteKnightTwo, the quadjet cargo airplane that carried the spaceship on February 22 from the Mojave Air & Space Port in southern […]