Virgin Galactic, founded by Richard Branson, is a British-American spaceflight company focused on providing suborbital spaceflights to space tourists and researchers. As the world's first commercial spaceline, it develops and operates its own reusable spaceflight systems, including the SpaceShipTwo and WhiteKnightTwo. While the company is shifting its focus to Delta class vehicles for commercial service in 2026, its current partners include Redwire for manufacturing research payload lockers and it operates from Spaceport America in New Mexico.
All verified mentions of this organization in source documents.
Virgin Galactic had not announced a specific calendar date for Unity 25 other than that it would occur in 2024-05-31.
Virgin Galactic expects a ticket price of at least $450,000 per customer for Delta-class flights, generating a minimum of $2,700,000 in revenue per flight.
Virgin Galactic postponed work on new mothership aircraft that will be used with the Delta-class spaceplanes, delaying expenditures on those motherships by about a year.
Virgin Galactic reported a net loss of $93,000,000 in the first quarter of 2022, with increased research and development costs for the Delta-class vehicle cited as a key factor.
Virgin Galactic’s first commercial flight is a dedicated research flight for the Italian Air Force under a contract signed in 2019.
Evan Lovell became chair of Virgin Galactic’s board as part of the 2023-04-25 board changes and had been acting chair since 2022-02-01.
VMS Eve returned to Virgin Galactic’s Mojave, California factory for overhaul and flew back to Spaceport America on 2025-02-27.
Virgin Galactic has about 800 private astronauts signed up for flights, representing about $208,000,000 in revenue according to the company’s SEC filings.
Virgin Galactic announced 2025-04-25 board changes that added Raymond Mabus Jr. and Diana Strandberg to the board of directors.
Many of Virgin Galactic’s signed private astronaut customers may end up flying the future Delta-class suborbital vehicles that Virgin expects to start flying in 2026.
The next step for Virgin Galactic after the 2023-04-26 glide flight is a powered test flight of VSS Unity with four company mission specialists joining two pilots to assess the customer experience and ground-based training.
Steve Isakowitz previously led the commercial spaceflight company Virgin Galactic and is the CEO of The Aerospace Corporation.
LauncherOne originated as a project within Virgin Galactic and was unveiled in 2012.
SubC is working with Blue Origin on the escape system of the New Shepard vehicle and Virgin Galactic on the propulsion system of SpaceShipTwo.
Blue Origin and Virgin Galactic do not require pressure suits for passengers on their commercial suborbital vehicles.
Virgin Galactic recorded revenue of $2,300,000 for 2022 and a net loss of $500,000,000 for 2022.
Virgin Galactic made announcements about partnerships to produce next-generation vehicles and plans a factory in the Phoenix area to build Delta-class vehicles.
Virgin Galactic had negative free cash flow of $135,000,000 in the fourth quarter of 2022 and projected similar negative free cash flow for the first quarter of 2023.
Virgin Galactic stated that 2023 is focused on completing designs for both next-generation motherships and Delta spaceships, building required tooling, and beginning parts fabrication for the ships.
In January 2022, NearSpace Launch launched the Globalstar Experiment and Risk Reduction Satellite on a Virgin Galactic LauncherOne.