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Virgin Galactic

US
commercialFounded 2004
Tustin, California, United States
www.virgingalactic.com
Admin Edit

All verified mentions of this organization in source documents.

Virgin Galactic merged with Social Capital Hedosophia in 2019 and sparked the current wave of space SPAC transactions.

Mentioned as: Virgin GalacticOrg RelationshipMar 19, 2021Satellite veterans warn of space SPAC downside

Enrico Palermo left Virgin Galactic in late 2020 to become head of the Australian Space Agency after serving as chief operating officer of Virgin Galactic and president of The Spaceship Company.

Mentioned as: Virgin GalacticNarrative GeneralMar 5, 2021Whitesides steps down from Virgin Galactic

George Whitesides joined Virgin Galactic in 2010 as chief executive after serving as chief of staff at NASA Headquarters.

Mentioned as: Virgin GalacticTechnical ProductMar 5, 2021Whitesides steps down from Virgin Galactic

Swami Iyer will lead the team of engineers, designers, technicians, and support teams who are building Virgin Galactic’s fleet of vehicles and designing future opportunities underpinning Virgin Galactic’s business.

Mentioned as: Virgin GalacticTechnical ProductMar 5, 2021Virgin Galactic Adds Two To The Company’s Executive Leadership Positions

Enrico Palermo had worked at Virgin Galactic since 2006.

Mentioned as: Virgin GalacticNarrative GeneralMar 5, 2021Whitesides steps down from Virgin Galactic

Virgin Galactic retired The Spaceship Company brand as part of an internal realignment in December.

Mentioned as: Virgin GalacticOrg RelationshipMar 5, 2021Whitesides steps down from Virgin Galactic

Jon Campagna left Virgin Galactic effective 2021-03-01 and was succeeded as chief financial officer by Doug Ahrens.

Mentioned as: Virgin GalacticTechnical ProductMar 5, 2021Whitesides steps down from Virgin Galactic

Stephen Justice begins his role as Virgin Galactic’s Vice President of Engineering on 2021-03-01.

Mentioned as: Virgin GalacticNarrative GeneralMar 5, 2021Virgin Galactic Adds Two To The Company’s Executive Leadership Positions

Enrico Palermo is the new head of the Australian Space Agency and was formerly the COO of Virgin Galactic.

Mentioned as: Virgin GalacticOrg RelationshipMar 2, 2021Australian Space Forum To Spotlight The Space Sector

Virgin Galactic merged with the SPAC Social Capital Hedosophia in 2019, a deal that raised $460,000,000 and took Virgin Galactic public on the New York Stock Exchange in October 2019.

Mentioned as: Virgin GalacticOrg RelationshipMar 1, 2021Rocket Lab to go public through SPAC merger and develop medium-lift rocket

Virgin Galactic has an agreement signed in October 2019 to fly a mission for the Italian Air Force that will carry research payloads and three Italian payload specialists.

Mentioned as: Virgin GalacticNarrative PlanFeb 25, 2021Virgin Galactic further delays SpaceShipTwo test flights

At the conclusion of the fall 2021 stand-down, Virgin Galactic expects VSS Unity to begin flying private astronauts and SpaceShip III to be in a position to complete its flight testing in early 2022.

Mentioned as: Virgin GalacticNarrative PlanFeb 25, 2021Virgin Galactic further delays SpaceShipTwo test flights

Virgin Galactic's delay of SpaceShipTwo test flights will postpone flights of space tourists to 2022.

Mentioned as: Virgin GalacticNarrative PlanFeb 25, 2021Virgin Galactic further delays SpaceShipTwo test flights

Virgin Galactic conducted a secondary stock offering in 2020 that raised $441,000,000.

Mentioned as: Virgin GalacticTechnical ProductFeb 25, 2021Virgin Galactic further delays SpaceShipTwo test flights

Virgin Galactic expects the two post-May flights with employees and Richard Branson to take place in summer 2021.

Mentioned as: Virgin GalacticNarrative GeneralFeb 25, 2021Virgin Galactic further delays SpaceShipTwo test flights

Virgin Galactic implemented shielding of components to reduce electromagnetic interference and prepared for a powered test flight originally scheduled for 2021-02-13.

Mentioned as: Virgin GalacticOrg RelationshipFeb 25, 2021Virgin Galactic further delays SpaceShipTwo test flights

Virgin Galactic had a cash balance of $666,000,000 at the end of 2020 while losing about $60,000,000 per quarter.

Mentioned as: Virgin GalacticTechnical ProductFeb 25, 2021Virgin Galactic further delays SpaceShipTwo test flights

The Italian Air Force flight under the 2019-10-01 agreement is expected to occur in late summer or 2021-09-05 and to generate revenue for Virgin Galactic and conclude the company's product test program.

Mentioned as: Virgin GalacticNarrative GeneralFeb 25, 2021Virgin Galactic further delays SpaceShipTwo test flights

Virgin Galactic expects the next powered test flight of VSS Unity to take place in May 2021.

Mentioned as: Virgin GalacticNarrative GeneralFeb 25, 2021Virgin Galactic further delays SpaceShipTwo test flights

Virgin Galactic's planned May 2021 flight will be followed by two additional flights: one with two pilots and a full cabin of company employees to test the passenger cabin, and one carrying company founder Richard Branson.

Mentioned as: Virgin GalacticNarrative GeneralFeb 25, 2021Virgin Galactic further delays SpaceShipTwo test flights
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