Verified facts grounded in source documentation.
Final assembly of the motherships will be completed at Virgin Galactic’s facility in Mojave, California.
Virgin Galactic has signed an agreement with Aurora Flight Sciences, a Boeing company, to partner in the design and manufacturing of Virgin Galactic’s next generation motherships.
Virgin Galactic plans to build a fleet to support 400 flights per year at Spaceport America.
Virgin Galactic reported a net loss of $93,000,000 for the first quarter of 2022.
Virgin Galactic reported an adjusted EBITDA loss of $77,000,000 for the first quarter of 2022.
Virgin Galactic had $1,220,000,000 of cash and equivalents on hand at the end of the quarter, bolstered by a debt offering in the first quarter that raised $425,000,000.
Virgin Galactic’s first quarter earnings release on 2022-05-05 stated the company expected to start commercial flights of its VSS Unity spaceplane in the first quarter of 2023 after completing upgrades of VSS Unity and VMS Eve.
Virgin Galactic plans to begin flight tests of VSS Imagine later 2022 with a goal of beginning revenue flights in the first quarter of 2023 initially carrying research payloads.
Virgin Galactic reported an adjusted EBITDA of –$244,800,000 for 2021.
The Federal Aviation Administration completed its investigation into a problem on Virgin Galactic’s most recent SpaceShipTwo flight on 2021-09-29.
Virgin Galactic announced a deal to license SpaceShipOne technology and proposed to start flying people in 2007 or 2008.
Virgin Galactic raised $500,000,000 in July through a sale of stock to fund various efforts.
Virgin Galactic plans to develop a campus near Spaceport America for training and lodging to support an increased flight rate.
Richard Branson announced plans for Virgin Galactic in September 2004 and agreed to license technology from Scaled Composites for a SpaceShipOne-derived vehicle.
Virgin Galactic partnered with Omaze to raffle two seats on one of the first commercial SpaceShipTwo flights in early 2022.
Virgin Galactic plans to perform two more test flights, including one for the Italian Air Force, before entering a maintenance period that will begin last fall and extend to early 2022.
Virgin Galactic partnered with Omaze to raffle two seats on one of the first commercial SpaceShipTwo flights in early 2022.
Richard Branson announced plans for Virgin Galactic in September 2004 and agreed to license technology from Scaled Composites for a SpaceShipOne-derived vehicle.
Virgin Galactic signed a contract with the Italian Air Force in 2019-10-01 for a dedicated research and training flight that is set to be the last of the three upcoming SpaceShipTwo flights scheduled for 2021.
Eight space-focused SPACs have announced mergers since Virgin Galactic’s 2019 SPAC deal.