Virgin Galactic Mulling Deeper Partnership With Abu Dhabi Government

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Will the Abu Dhabi government become even more deeply involved in Virgin Galactic?

That’s the question this week as Virgin Galactic CEO George Whitesides revealed that Sir Richard Branson’s space tourism company is in talks with Mubadala Development Company about a possible supplier relationship.

Mubadala, which is a wholly-owned investment vehicle for Abu Dhabi’s government, owns Mubadala Aerospace, which manufactures and supplies parts for commercial jets built by Boeing and Airbus.

Asked if Mubadala could supply parts or build any part of Virgin Galactic’s commercial spacecraft fleet, Whitesides said, “We’ve had good conversations with Mubadala and other stakeholders in the UAE and we will see where those conversations go.”

However, he added that he “won’t get into the details of those discussions.”

The Abu Dhabi government has invested $390 million in Virgin Galactic through Aabar Investments, which it also owns. Aabar holds a 37.8% share in Virgin Galactic.

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