Virgin Galactic is working to reschedule its next test flight of its SpaceShipTwo Unity spacecraft.
Virgin Galactic continues to be a favorite amongst Wall Street analysts, despite the failure of the space tourism company's SpaceShipTwo Unity rocket this past weekend.
A Virgin Galactic test flight Saturday ended prematurely as the spacecraft's rocket motor failed to ignite and it then glided down safely to its landing site in southern New Mexico.
Virgin Galactic is putting the world's first commercial spaceport to use later this month when it launches it's first spaceflight from Spaceport America in New Mexico, which the company expects to generate $1 billion a year annually.
Virgin Galactic unveiled the design for an upcoming high-speed aircraft this week that may be able to fly from New York to London in about 90 minutes.
Virgin Galactic released its earnings Monday, just a few hours after unveiling a new ship that the company called a “new frontier in high speed travel.”
Virgin Galactic showed off the interiors of its passenger spaceflight vehicle the VSS Unity.
Michael Colglazier will become CEO of the Mojave, California-based space travel company and join the Virgin Galactic board of directors as of July 20.
In 1994, Richard Branson launched Virgin Cola, but after significant pushback from competitors, he decided to fold the brand and move on to other ventures.
Virgin Galactic Holdings has signed an agreement with NASA to develop a program to promote private astronaut missions to the International Space Station.
Amateur astronauts, private space stations, flying factories, out-of-this-world movie sets — this is the future the space agency is striving to shape as it eases out of low-Earth orbit and aims for the moon and Mars.
Traveling to outer space isn’t as simple as booking a flight – though there are several businesses working with that goal in mind.
Richard Branson is free to sell a nearly $1 billion stake in Virgin Galactic, half his stake in the aerospace company he founded.
More than 400 people have put down deposits for Virgin Galactic’s future spaceflights, representing more than $100 million in potential future business.
Virgin Galactic’s spaceship VSS Unity landed in the New Mexico desert on Friday, marking its first glide flight from Spaceport America as the company moves toward commercial operations.
One of Britain’s best-known billionaires by putting his Virgin brand on an array of businesses, including planes and trains, cola and bridal gowns, often taking an equity stake and licensing fees in exchange. Several of his biggest forays are focused on travel and tourism. Amid the new coronavirus pandemic, he now finds himself at the epicenter of the meltdown in those industries.
The prototype patient oxygen hoods allow oxygen rich pressure to support those admitted with the virus
The first round of seats went for about $250,000 per person.
Virgin Galactic shares were up 222 percent this year through Thursday.
Virgin Galactic shares are up more than 80 percent during their eight-day winning streak.