Virgin Galactic Plans to Order Five Additional Spacecraft

Virgin’s Galactic has a 5-5 plan for its growth – order five additional spacecraft from Scaled Composites and turn a profit within five years beginning suborbital tourism launches in 2010.

“In the short term, we have firm orders for five spaceships and options for seven … We believe there is a very strong market,” said Virgin Galactic Director Alex Tai during an appearance at the Singapore Airshow.

Read the full Reuters story here. Public Radio also has a short piece about Virgin Galactic, which you can listen to here.