Advanced Television

Virgin Galactic

Virgin Galactic 04 ready to fly

The fourth Virgin Galactic tourist flight (number 04) has a launch window opening today (October 5th). It is the fifth flight of the year and the ninth overall. One passenger will be Namira Salim, who will be the first Pakistani to get to space. Two other passengers are not named other than one is from […]

October 5, 2023By Chris Forrester

Virgin Galactic 04 flight scheduled

Space tourism business Virgin Galactic launched its Galactic 03 flight successfully on September 8th and says that its next flight, Galactic 04, will take place early in October. Galactic 03 was the company’s fourth successful spaceflight in the past four months and the third flight of Virgin Galactic’s inaugural commercial spaceflight season. The flight followed […]

September 14, 2023By Chris Forrester

Virgin Galactic sets next launch date

Space tourism business Virgin Galactic has set September 8th as the probable date for its next sub-orbital launch. It will be the third commercial launch for the Sir Richard Branson-backed business. It will be the fourth successful flight in four months. ‘Galactic 3’ has a launch window opening on September 8thvirgin subject to weather and […]

August 30, 2023By Chris Forrester

Virgin Galactic Q2: “Cash remains strong”

Space tourism company Virgin Galactic reported its Q2 financials saying that its cash, cash equivalents and marketable securities were $980 million (€897.9m) as of June 30th 2023, a sequential increase of $106 million from the first quarter of 2023. Michael Colglazier, CEO of Virgin Galactic said, “During the quarter, we successfully completed two spaceflights in […]

August 3, 2023By Chris Forrester

Virgin Galactic confirms next mission

Space tourism business Virgin Galactic is planning its Galactic 02 mission to happen on August 10th. This mission will be Virgin Galactic’s seventh spaceflight, second commercial spaceflight and third spaceflight this year; flying on this occasion three private passengers to space. The flight window will open on August 10th, continuing the Company’s regular cadence of […]

July 17, 2023By Chris Forrester

Virgin Galactic needs $400m extra funds

Sir Richard Branson-backed tourists-into-space project is seeking a cash infusion of about $400 million (€367.2m). Its first commercial sub-orbital flight (designated Galactic 01) is scheduled for later this week when it will carry a group of Italians on a brief journey to the edge of space. The mission will happen from Virgin’s Spaceport America in […]

June 26, 2023By Chris Forrester

Virgin Galactic outlines next missions

Virgin Galactic will re-start commercial flights before the end of June. Its first mission, dubbed ‘Galactic 01’, and the first commercial flight of its SpaceShipTwo suborbital vehicle will happen between June 27th-30th on a scientific mission for the Italian Air Force. SpaceShipTwo will fly from Spaceport America in New Mexico. It will carry three people […]

June 19, 2023By Chris Forrester

Virgin Galactic reports $159m Q1 net loss

A growing loss in trading is hardly surprising given that Virgin Galactic, the sub-orbital tourist rocket scheme, has been stuck on the ground these past two years. But that is about to change with a sub-orbital flight scheduled for late June (and a non-commercial flight due later in May) and following on from a successful […]

May 11, 2023By Chris Forrester

Virgin Galactic flies again

Sir Richard Branson’s Virgin Galactic space tourism aircraft – not to be confused with Virgin Orbit which is in Chapter 11 bankruptcy – is flying again. Virgin Galactic’s SpaceShipTwo made its first flight in almost two years on April 26th. It last flew with Branson aboard in July 2021. The aircraft combination comprising its SpaceShipTwo’s […]

April 28, 2023By Chris Forrester

Virgin Galactic loses $500m

Sir Richard Branson’s Virgin Galactic business has reported a significant trading loss for 2022. The company said it remained “on track” to start carrying paying passengers in its space tourism business despite racking up $500 million in losses last year. The losses, specifically at Virgin Galactic Holdings, amount to $500 million compared to a loss […]

March 3, 2023By Chris Forrester