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Virgin Galactic and the Italian Air Force signed a contract in October 2019 to fly three Italian payload specialists on a dedicated research flight.
Virgin Galactic resumed test flights of VSS Unity in spring 2024, including a 2024-05-25 flight called Unity 25 that was the vehicle’s first suborbital spaceflight since Unity 22.
Virgin Galactic delayed the Italian research flight and began maintenance early in October 2021 for both VMS Eve and VSS Unity.
Virgin Galactic shares closed down nearly 10.8% on 2024-06-29, with most losses occurring in trading after the Galactic 01 flight.
Virgin Galactic plans a takeoff of its VMS Eve mothership with the VSS Unity spaceplane attached at about 10:30 a.m. Eastern on 2023-06-29.
Virgin Galactic completed final preparations for the Galactic 01 mission on 2023-06-28.
Sirisha Bandla is vice president of government affairs and research operations at Virgin Galactic and worked on research payloads on the July 2021 flight.
The Virtute 1 mission is the first Italian and European suborbital flight conceived and designed by the National Research Council of Italy and Virgin Galactic to test suborbital spaceflight versatility for scientific and technological research.
Virgin Galactic scheduled the Galactic 01 commercial spaceflight for a target date of 2023-06-29.
Virgin Galactic stated on 2024-06-15 that its first flight carrying private astronauts, Galactic 02, is tentatively scheduled for early 2024-08-01 with subsequent flights planned on a monthly basis.
Virgin Galactic announced plans to sell an additional $400,000,000 of stock and is working with Credit Suisse, Morgan Stanley, and Goldman Sachs on that offering.
Virgin Galactic signed a contract with the Italian Air Force for the mission in October 2019 with initial intent to fly as soon as late 2020 or early 2021.
Virgin Galactic resumed flights of its SpaceShipTwo vehicle VMS Unity earlier in 2024, including a 2023-05-25 suborbital test flight that was the first Unity flight to space since Richard Branson’s 2021-07-01 flight.
Shares of Virgin Galactic traded on the New York Stock Exchange fell 18.4% on 2024-06-23.
Virgin Galactic completed a sale of $300,000,000 of stock that it disclosed in 2022-08-01, according to a 2024-06-22 filing with the Securities and Exchange Commission.
Virgin Galactic postponed the mission in October 2021 to carry out maintenance on SpaceShipTwo and its mothership VMS Eve before flying the mission.
Virgin Galactic plans to conduct its first fully commercial flight of its SpaceShipTwo suborbital spaceplane on 2024-06-29.
Galactic 02 in early August will be the first SpaceShipTwo flight to carry private individuals who signed up for space tourism flights with Virgin Galactic, paying up to $450,000 per seat.
Galactic 01 will carry three people from the Italian Air Force and the National Research Council of Italy under a contract Virgin Galactic signed with the Italian Air Force in 2019.
Virgin Galactic performed the Unity 25 test flight on 2023-05-25, the first powered flight of the vehicle in nearly two years.