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Virgin Galactic also noted that its cash burn rate accelerated to $118 million in the quarter, which isn't great news. On the plus side, the company has $744 million in cash and equivalents.
On Saturday, June 8, Virgin Galactic's "Galactic 07" mission successfully took off, briefly visited space, and landed with all passengers safe and sound. This was the company's seventh revenue ...
Virgin Galactic is grounded after the company said a small part unintentionally detached from the mothership of its rocket-powered space plane on its latest space tourism flight.
Jan. 26—Virgin Galactic on Friday completed its first spaceflight of 2024 and its 11th overall mission to space from Spaceport America in southern New Mexico. The "Galactic 06" flight took off ...
Virgin Galactic was founded in 2004 by British entrepreneur Sir Richard Branson, who had previously founded the Virgin Group and the Virgin Atlantic airline, and who had a long personal history of balloon and surface record-breaking activities. As part of Branson's promotion of the firm, he has added a variation of the Virgin Galactic livery to ...
Virgin Galactic rolled out its newest spaceship Tuesday as the company looks to resume test flights in the coming months at its headquarters in the New Mexico desert. Company officials said it ...
Galactic 04 was a crewed sub-orbital spaceflight of the SpaceShipTwo-class VSS Unity, which launched on 6 October 2023. [ 1 ] [ 2 ] It was the fourth commercial spaceflight and ninth overall spaceflight for American aerospace company Virgin Galactic , founded by a British business magnate , commercial astronaut Richard Branson.
Virgin Galactic CEO George T. Whitesides, in a news conference following the incident, said that "Space is hard and today was a tough day." [39] [40] Virgin founder Richard Branson said after the crash: "We do understand the risks involved and we are not going to push on blindly—to do so would be an insult to all those affected by this ...