Tag: richard branson

Richard Branson’s Virgin Galactic reaches space in overdue commercial debut
29Jun By adminNo Comments
Technology

Richard Branson’s Virgin Galactic reaches space in overdue commercial debut

[ad_1] Virgin Galactic Holdings Inc. sent paying customers to the edge of space for the first time, a milestone for the Richard Branson-founded company almost two decades in the making.The VSS Unity craft reached space at about 9:30 a.m. local time in New Mexico, Virgin Galactic revealed in a livestream of the event on its website Thursday. That was about an hour after the flight took off, carrying six people on board, including researchers from the Italian Air Force and the National Research Council of Italy. The commercial debut officially ushers Virgin Galactic into the ranks of space tourism providers alongside the likes of Elon Musk's SpaceX and Jeff Bezos' Blue Origin LLC. Virgin Galactic has said it expects to move soon to a regular cadence of monthly commercial flights, bringing...
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First Virgin Galactic commercial flight set for June as Richard Branson looks to restore sheen
16Jun By adminNo Comments
Technology

First Virgin Galactic commercial flight set for June as Richard Branson looks to restore sheen

[ad_1] Billionaire Richard Branson's space-tourism venture, Virgin Galactic Holdings, which has been bravely looking to get back on equal footing with Elon Musk led SpaceX and Jeff Bezos' Blue Origin, has finally announced the date for the launch of the company's first commercial passenger flight. Over the last year or so, Virgin had been left trailing both SpaceX and Blue Origin due to innumerable delays that dogged its flight schedule. The company had famously flown Branson to space in July 2021, but failed to do a widely expected commercial follow-up. The flight announcement has instantly been welcomed by investors who pushed the share higher.Called Galactic 01, the long-awaited mission will take place on June 27. The company also revealed that it will include researchers from the It...
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First UK Spaceport Wins License As Richard Branson Plans Rocket Launch
16Nov By adminNo Comments
Technology

First UK Spaceport Wins License As Richard Branson Plans Rocket Launch

[ad_1] The UK issued its first-ever spaceport license to a launch hub in England, paving the way for a mission by Richard Branson’s Virgin Orbit Holdings. The UK issued its first-ever spaceport license to a launch hub in southwest England, paving the way for a mission by billionaire Richard Branson's Virgin Orbit Holdings Inc. later this month.The UK Civil Aviation Authority issued a license for Spaceport Cornwall, approving its infrastructure, equipment and services after a sign off from Transport Secretary Mark Harper, according to a statement Wednesday. The country's space industry is estimated to be worth £16.5 billion and support 47,000 jobs, the regulatory body said.  The CAA said it was in advanced stages with Virgin Orbit on its own application for a license. The spaceport wil...
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Virgin Galactic Says Commercial Space Flights on Track for Second Quarter
5Nov By adminNo Comments
Technology

Virgin Galactic Says Commercial Space Flights on Track for Second Quarter

[ad_1] Virgin Galactic stood by its plans to begin commercial space flights by the middle of next year, bolstering the company. Virgin Galactic Holdings Inc. stood by its plans to begin commercial space flights by the middle of next year, bolstering the company even as preparations remain a drag on its cash. The space tourism firm has multiple test flights scheduled in the coming months ahead of a planned launch in the second quarter, according to a statement Thursday. The disclosure came as Virgin Galactic reported third-quarter sales that beat estimates. The company, founded by entrepreneur Richard Branson, has grappled with supply-chain disruptions and labor constraints as it inches toward the debut of commercial service. It had planned to begin passenger flights to space this...
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