Browsing: Virgin Galactic

Virgin Galactic says it will fly its existing “mothership” aircraft more frequently than previously planned with its upcoming Delta-class suborbital spaceplanes, allowing the company to defer development of a new plane while also dealing with a legal dispute with Boeing.

Virgin Galactic wants shareholders' approval for a reverse stock split meant to increase the decreasing share price of the suborbital space travel company.

Virgin Galactic is suing Boeing back over the mothership project, claiming that Boeing did not do well in the project.

Boeing and a subsidiary have taken legal action against Virgin Galactic, claiming that the suborbital spaceflight company has not paid more than $25 million and has unlawfully used trade secrets related to a project for developing a new aircraft.

In a landmark liftoff, the first privately owned spaceship which can carry passengers will head for a test flight beyond the atmosphere this year – and over 500 people have reserved seats already. More and more companies are starting to look at space tourism as a reliable source of income, and another company has just […]

We’re at the dawn of a new exciting era – the private space age. More and more companies and influential businessmen have hopped on the bandwagon in the past decade, with the thought of building something truly incredible, while operating a profitable business at the same time. Richard Branson launched Virgin Galactic, Elon Musk (Paypal […]

Virgin Galactic, Virgin’s commercial space flight branch, just recently announced that the first phase in the construction of the world’s first spaceport available to civilian consumers has been completed, making the ambitious project 90% complete. ‘Spaceport America’, as it’s been dubbed, is being built on an 18,000-acre site in the desolate sand plains of New […]

Commercial space flight is starting to promise to become a very lucrative market since an ever growing interested is harnessed by the big corporations of the world. Richard Branson’s Virgin Galactic in cooperation with Scaled Composites (Mojave, CA), announced their sincere intentions of entering the commercial space travel market, after recently the giant Boeing also […]