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 conducted its first suborbital mission of 2024 on 2024-01-26.
Virgin Galactic is scheduled to perform the Galactic 06 mission flight of its VSS Unity suborbital spaceplane on January 26 from Spaceport America in New Mexico.
Virgin Galactic is producing next-generation Delta-class ships with testing expected to start the year after 2024 and commercial service expected in 2026.
Virgin Galactic plans to fly VSS Unity on Galactic 07 in the second quarter of 2024 and possibly a Galactic 08 mission in mid-2024 before retiring Unity.
The Spaceship Company manufactures the Scaled Composites Model 339 SpaceShipTwo and is a California-based company owned by Virgin Galactic.
The Ax-3 pilot is Walter Villadei, an Italian Air Force officer who trained as the backup pilot for Ax-2 and flew on Virgin Galactic’s first commercial VSS Unity suborbital flight in June 2023.
Virgin Galactic’s ‘Galactic 06’ flight window will open 2024-01-26.
Alan Stern flew to space on November 2 as part of Virgin Galactic's fifth commercial mission, Galactic 05.
Virgin Galactic ended the quarter with $1,100,000,000 of cash and equivalents on hand.
Virgin Galactic expects that layoffs, other cost-cutting measures, and an at-the-market stock sale will provide enough funding to complete development of the first two Delta vehicles and begin commercial flights in 2026.
Virgin Galactic had a net loss of $105,000,000 in the third quarter of 2023.
Virgin Galactic reported $1,700,000 in revenue in the third quarter of 2023 from spaceflight and membership fees and projects $3,000,000 in revenue in the fourth quarter of 2023.
Virgin Galactic may fly a third Unity mission, Galactic 08, around the middle of 2024 but has not decided whether to do so before shifting resources to the Delta class.
Virgin Galactic will reduce the frequency of flights of its current suborbital vehicle and stop them entirely by mid-2024.
Virgin Galactic may sell some private astronaut seats on Unity for up to $1,000,000 each, compared with the current price of $450,000 per seat.
Virgin Galactic plans to begin test flights of its Delta-class spaceplanes in 2025.
Virgin Galactic announced on 2023-11-07 that it would cut 185 jobs, representing about 18% of its workforce.
Virgin Galactic completed Galactic 05, its fifth commercial flight of VSS Unity, on 2023-11-02 carrying two researchers and one private astronaut.
Virgin Galactic reported having 1,166 employees as of the end of 2022 in an annual report filed with the U.S. Securities and Exchange Commission in February 2023.
Virgin Galactic reported a net loss of $134,400,000 in the quarter when it had $980,000,000 of cash and equivalents on hand.