Constellations, Launch, New Space and more…
TAG
“Swami Iyer”
Virgin Galactic Announces New Spaceship Manufacturing Facility in Mesa, Arizona
Credit: Virgin Galactic

MESA, Ariz., July 14, 2022 (Virgin Galactic PR) – Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the “Company” or “Virgin Galactic”), an aerospace and space travel company, today announced it has signed a long-term lease for a new final assembly manufacturing facility for its next-generation Delta class spaceships. Located in Mesa, Greater Phoenix area, adjacent to the Phoenix-Mesa Gateway Airport, the facility will be capable of producing up to six spaceships per year and will bring hundreds of highly skilled aerospace engineering and manufacturing jobs to the area.

(more…)

  • Parabolic Arc
  • July 14, 2022
Virgin Galactic Selects Boeing Subsidiary Aurora Flight Sciences to Build 2 New WhiteKnightTwo Aircraft
WhiteKnightTwo (Credit: Kenneth Brown)
  • Agreement with Aurora Flight Sciences to Deliver Two Vehicles, Each Designed to Fly Up To 200 Launches Per Year
  • First New Mothership Expected to Enter Service in 2025
  • Outsourced Manufacturing Approach Will Improve Speed to Market, Provide Access to Labor Pools, Minimize Supply Chain Disruption, and Realize Efficiencies

TUSTIN, Calif. (Virgin Galactic PR) — Virgin Galactic (NYSE: SPCE) (the “Company” or “Virgin Galactic”), an aerospace and space travel company, today announced an agreement with Aurora Flight Sciences (“Aurora”), a Boeing company, to partner in the design and manufacturing of the Company’s next generation motherships. The mothership is the air launch carrier aircraft in Virgin Galactic’s space flight system, that carries the spaceship to its release altitude of approximately 50,000 feet.

(more…)

  • Parabolic Arc
  • July 6, 2022
Virgin Galactic Reports $130 Million Q1 Net Loss, Delays Next Flight Test

Flight test, delayed from February, postponed again due to problem discovered on WhiteKnightTwo carrier aircraft. Company will update schedule next week.

LAS CRUCES, N.M., May 10, 2021 (Virgin Galactic PR) – Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the “Company”), a vertically integrated aerospace and space travel company, today announced its financial results for the first quarter ended March 31, 2021.

“We continue to make strides towards our strategic objectives and have solid momentum as we focus on completing our flight test program,” said Michael Colglazier, Chief Executive Officer of Virgin Galactic. “We are committed to delivering one of the world’s most unique and transformational customer experiences, with safety at the core of everything we do. Our greatest asset is our incredibly talented group of employees, and the strength of the leadership team we have assembled for the next phase of our journey.”

(more…)

  • Parabolic Arc
  • May 10, 2021
Virgin Galactic Delays Space Tourism Flights to 2022, Lost $273 Million Last Year
WhiteKnightTwo and SpaceShipTwo fly right overhead. (Credit: Kenneth Brown)
  • Rollout of Second Spaceship Scheduled to Take Place on March 30
  • Announced Expected Timing of Revenue-Generating Flight with the Italian Air Force
  • Next Rocket-Powered Spaceflight Targeted to Occur in May

LAS CRUCES, N.M. (Virgin Galactic PR) — Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the “Company”), a vertically integrated aerospace and space travel company, today announced its financial results for the fourth quarter and full year ended December 31, 2020.

(more…)

  • Parabolic Arc
  • February 25, 2021
Virgin Galactic Announces Engineering & Aerospace Hires Ahead of Quarterly Earnings Call
SpaceShipTwo Unity on its second glide flight over Spaceport America. (Credit: Virgin Galactic)

LAS CRUCES, NM (Virgin Galactic PR) — Virgin Galactic Holdings, Inc. (NYSE: SPCE), a vertically integrated aerospace and space travel company, today announced the appointments of Swami Iyer as its President of Aerospace Systems and Stephen Justice as its Vice President of Engineering.

(more…)

  • Parabolic Arc
  • February 25, 2021