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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 Orbit was a company within the Virgin Group that provided launch services for small satellites. The company was formed in 2017 as a spin-off of Richard Branson 's Virgin Galactic space tourism venture to develop and market the LauncherOne rocket, which had previously been a project under Virgin Galactic.
On the one hand, $300 million in new cash ensures Virgin Galactic should remain solvent throughout 2026 -- even if it misses its deadline for a return to spaceflight, but still launches before 2027.
The company was founded in 2005 by Burt Rutan and Richard Branson, and was initially jointly owned by Virgin Group and Scaled Composites, to own the technology created by Scaled for Virgin Galactic's Virgin SpaceShip program. Virgin Galactic was announced to be the launch customer for the SpaceShipTwo and WhiteKnightTwo vehicles. Virgin placed ...
Jun. 15—Virgin Galactic decided to make a change in plans. The space tourism company's stock is dipping, and it has hundreds of customers who have waited over half a decade to go to space. The ...
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 ...
Although they're two separate entities, Virgin Galactic (NYSE:SPCE) and Virgin Orbit will forever be linked to their shared brand name. As well, both organizations have businesses that overlap ...
Although not a Virgin Galactic launcher, SpaceShipOne was the direct predecessor of the Virgin Galactic vehicles, and served to demonstrate the feasibility of the concept. SpaceShipOne was an experimental air-launched rocket-powered aircraft with sub-orbital spaceflight capability at speeds of up to 3,000 ft/s (900 m/s), using a hybrid rocket ...