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“Mark Stucky”
Class Action Lawsuit Filed Against Virgin Galactic Alleging Securities Fraud
Michael Colglazier (Credit: Virgin Galactic)

by Douglas Messier
Managing Editor

A class action lawsuit was filed in New York on Dec. 7 alleging securities fraud by Virgin Galactic, which went public on the New York Stock Exchange (NYSE) in October 2019 after merging with Chamath Palihapitiya’s Social Capital Hedosophia (SCH).

Named in the lawsuit are Virgin Galactic Holdings, CEO Michael Colglazier, former CEO George Whitesides, former current chief financial officer Doug Ahrens, and former chief financial officer Jon Compagna.

The lawsuit was filed amid years-long delays in the start of commercial human suborbital flights that have caused a sharp decline in the value of the stock. Virgin Galactic began trading on the New York Stock Exchange at an opening price of $12.34 on Oct. 28, 2019. The stock is now trading at $14.46 having previously soared to a high of $62.80.

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  • Parabolic Arc
  • December 19, 2021
Stucky Turns Blue: Joins Jeff Bezos’ Space Company After Departure From Richard Branson’s Virgin Galactic
Richard Branson (l) and George Whitesides (r) walk with SpaceShipTwo pilots David Mackay and Mark Stucky after a successful glide flight. (Credit: Kenneth Brown)

Mark Stucky, whom Virgin Galactic demoted as its director of flight test in May and fired two months later, has joined Jeff Bezos’ Blue Origin space company, CNN reports.

Stucky said he will join Blue Origin’s “Advanced Development Programs” team, where he said in a statement to CNN that he will “do my best to contribute to [CEO Jeff Bezos’] amazing vision of humans not just having a continuous presence in space but truly becoming a space-faring species.”

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  • Parabolic Arc
  • October 19, 2021
FAA Examination of Blue Origin Safety Issues Likely to be Very Narrow
New Shepard launch (Credit: Blue Origin webcast)

by Douglas Messier
Managing Editor

The Federal Aviation Administration (FAA) has said it will examine safety issues about Blue Origin’s crewed suborbital New Shepard vehicle raised by a group of current and former employees in an open letter published on Thursday.

The announcement comes 11 days before four paying customers, one reported to be Star Trek star William Shatner, are scheduled to board New Shepard for a trip to space. While a federal safety review might sound reassuring to these ticket holders, what does it actually mean in practice?

Probably not much.

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  • Parabolic Arc
  • October 1, 2021
Virgin Galactic’s Former Flight Test Director Disputes Company’s Version of Off Course Flight with Richard Branson Aboard
Richard Branson and other passengers float around in weightlessness. (Credit: Virgin Galactic)

by Douglas Messier
Managing Editor

Virgin Galactic’s recently fired flight test director claims that pilot error, not upper-level winds, resulted in the company’s SpaceShipTwo vehicle flying outside of its assigned airspace during a July 11 suborbital flight test that carried the company’s billionaire founder, Richard Branson. He suggested an independent investigation instead of a company-led one might be required to address the mishap.

Mark Stucky, who Virgin Galactic fired eight days after Branson’s flight, said his former employer put out an inaccurate statement about why VSS Unity flew unauthorized into Class A airspace for 1 minute 41 seconds during its descent. Class A airspace is primarily used by airlines, cargo operators and higher performance aircraft.

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  • Parabolic Arc
  • September 22, 2021
Report: Branson’s Flight into Space Experienced Serious Anomaly; Company Fired Flight Test Director
Richard Branson and other passengers float around in weightlessness. (Credit: Virgin Galactic)

by Douglas Messier
Managing Editor

By all appearances, Richard Branson’s 17-years-in-the-making flight to the edge of space went exactly as planned on July 11. Or at least that was the impression left by Virgin Galactic’s webcast of SpaceShipTwo VSS Unity’s flight test from Spaceport America in New Mexico.

But, for the second time in four suborbital flights, VSS Unity experienced a serious anomaly. The ship with its hybrid engine firing wasn’t rising steeply enough as it soared toward space, Nicholas Schmidle reports in The New Yorker:

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  • Parabolic Arc
  • September 1, 2021
“Test God” Out as Virgin Galactic’s Director of Flight Test

Well, one day you’re a “God,” the next day you’re on the unemployment line.

Such was fate of Mark Stucky, who was Virgin Galactic’s lead pilot and director of flight test. On Tuesday, he announced on his Linkedin page that he had left the position. When asked why, he replied,

“Departing a company not on my own timeline was a first for me.”

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  • Parabolic Arc
  • July 21, 2021
To Briefly Go: Billionaires Branson & Bezos Battle for Bragging Rights Where Few Have Gone Before
Richard Branson wears the SpaceShipTwo flight suit. (Credit: Virgin Galactic)
  • Fewer than 25 suborbital spaceflights have ever been conducted
  • Most suborbital launches were conducted with vehicles retired decades ago
  • No suborbital flight has ever carried a paying passenger
  • There is no agreement on what even constitutes a suborbital spaceflight

by Douglas Messier
Managing Editor

When Richard Branson and three Virgin Galactic employees strap into their seats aboard SpaceShipTwo VSS Unity on Sunday, they will briefly go where not very many have gone before: suborbital space.

Of the 374 attempts to launch astronauts to space since Yuri Gagarin flew into Earth orbit 60 years ago, only 23 were suborbital flights. The majority of those launches were conducted during the 1960’s using vehicles that long ago became museum pieces. One ended with the loss of the spacecraft and its pilot. And two flights were unintentional ones involving vehicles being launched into Earth orbit.

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  • Parabolic Arc
  • July 10, 2021
George Whitesides to Fly on Early Virgin Galactic SpaceShipTwo Flight from Spaceport America
Richard Branson (l) and George Whitesides (r, back) walk with SpaceShipTwo pilots David Mackay and Mark Stucky after a successful glide flight. (Credit: Kenneth Brown)

by Douglas Messier
Managing Editor

A provision in George Whitesides’ contract has Virgin Galactic’s chief space officer — and possibly his wife, Loretta Hidalgo Whitesides — flying on one of SpaceShipTwo’s early suborbital flights from Spaceport America in New Mexico.

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  • Parabolic Arc
  • September 6, 2020
Bezos: No Asterisks Next to the Names of Blue Origin’s Astronauts

Two days before Virgin Galactic completed the ninth powered flight of its SpaceShipTwo suborbital program, rocket billionaire and Blue Origin founder Jeff Bezos threw some shade at billionaire Richard Branson’s rival suborbital space tourism venture. SpaceNews reports: Bezos, in the interview, pointed out the altitude difference between the two vehicles. New Shepard has typically exceeded 100 kilometers, an altitude known as the Karman Line, on its test flights. SpaceShipTwo reached […]

  • Parabolic Arc
  • February 23, 2019
Virgin Galactic Pilots Join 80.46-Kilometer (50-Mile) Club

Richard Branson with the pilots of SpaceShipTwo. (Credit: Virgin Galactic)

by Douglas Messier
Managing Editor

Virgin Galactic pilots Mark “Forger” Stucky and Frederick “C.J.” Sturckow, who were awarded civilian astronaut wings last week, are among 18 pilots who have flown suborbital flights.

The two pilots flew SpaceShipTwo Unity to an altitude of 51.4 miles (82.72 km) on Dec. 13, 2018. That accomplishment qualified them for civilian astronaut wings using an American definition that places the boundary of space at 50 miles (80.46 km).

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  • Parabolic Arc
  • February 13, 2019