Virgin Galactic to Conduct Suborbital Flight in Late October After Long Hiatus

SpaceShipTwo Unity’s second powered flight.

by Douglas Messier
Managing Editor

Virgin Galactic plans to resume suborbital flight tests of SpaceShipTwo (SS2) VSS Unity in late October from Spaceport America in New Mexico after a 20-month long hiatus, according to a filing the company made with the Federal Communications Commission (FCC).

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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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Monday Musings: Brazil’s Choices, VG’s Finances & More

Launch trajectories from Alcantara (Credit: AEB)

by Douglas Messier
Managing Editor

A few thoughts as we begin week 403 of the Covid-19 lock down….

Location. Location. Location.

The three most important words in real estate. And Brazil’s Alcantara Launch Center has got it.

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Virgin Galactic Raises $460.2 Million by Selling 23.6 Million Shares

SpaceShipTwo VSS Unity arrives at Spaceport America aboard WhiteKnightTwo VMS Eve. (Credit: Virgin Galactic)

MOJAVE, Calif. (Virgin Galactic PR) — Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”), a vertically integrated aerospace and space travel company, announced today the closing of its underwritten public offering of 23,600,000 shares of its common stock at a public offering price of $19.50 per share, before underwriting discounts and commissions. All of the shares were offered by Virgin Galactic.

The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Virgin Galactic, were approximately $460.2 million, excluding any exercise of the underwriters’ option to purchase additional shares.

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Virgin Galactic Stock Price Declines, Commercial Flights Scheduled for Next Year

New SpaceShipTwo reaches weight on wheels milestone. (Credit: Virgin Galactic)

by Douglas Messier
Managing Editor

Virgin Galactic’s stock decline in extended trading after Sir Richard Branson’s spaceline reported second quarter earnings.

The stock closed on Monday at $24.02 after rising $1.57 (6.99%). In after-hours trading, the stock declined to $22.23, a decrease of $1.79 (-7.45%).

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Virgin Galactic Announces First Stage Design Scope for Supersonic Jet, Signs Non-binding MOU with Rolls Royce

Virgin Galactic Mach 3 jet. (Credit: Virgin Galactic)

LAS CRUCES, N.M. 3 August 2020 (Virgin Galactic PR) – Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”), a vertically integrated aerospace and space travel company, which includes its manufacturer of advanced air and space vehicles, The Spaceship Company (“TSC”), announced today the first stage design scope for the build of its high speed aircraft design, and the signing of a non-binding Memorandum of Understanding (MOU) with Rolls-Royce to collaborate in designing and developing engine propulsion technology for high speed commercial aircraft.

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Virgin Galactic Reveals SpaceShipTwo Cabin Interior

SpaceShipTwo seats rotated back In space. (Credit: Virgin Galactic)

Cabin design driven by astronaut experience:

  • Individually sized, reclining seats for G-force management and float zone volume;
  • Automated mood lighting harmonizes with each flight phase;
  • Personal seat back screens connect astronauts to live flight data;
  • Cabin architecture facilitates effortless movement in weightlessness;
  • 16 cameras provide high definition footage and stills;
  • 12 cabin windows for astronauts to gaze at Earth from;
  • Largest mirror in a spaceship cabin – mirror reflects the real-time astronaut experience. 

LAS CRUCES, N.M., July 28, 2020 (Virgin Galactic PR) – Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or “the Company”), a vertically integrated aerospace and space travel company, today revealed the cabin interior of its first SpaceShipTwo vehicle, VSS Unity in a virtual event streamed live on YouTube.

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Virgin Galactic Replaces George Whitesides as CEO with Disney Executive

George Whitesides

MOJAVE, Calif. (Virgin Galactic PR) –Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”), a vertically integrated aerospace and space travel company, today announced the appointments of Michael Colglazier as Virgin Galactic’s new Chief Executive Officer and George Whitesides as Chief Space Officer, effective July 20, 2020.

Michael assumes the CEO role at an exciting time for Virgin Galactic as the Company progresses through its test flight program and prepares for commercial service. He will also join the Company’s Board of Directors effective July 20, 2020. Michael joins Virgin Galactic following a long and successful career at The Walt Disney Company (NYSE: DIS), bringing over three decades of experience in developing and growing consumer-oriented multi-billion dollar businesses strategically, commercially, and operationally.

Most recently Michael was President and Managing Director, Disney Parks International, where he was responsible for operations, strategy, and commercial and experiential development of Disney’s international parks and resorts.

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Virgin Galactic to Unveil SpaceShipTwo Cabin Design

VSS Unity roll out on Feb. 19, 2016. (Credit: Virgin Galactic)

LAS CRUCES, N.M. (Virgin Galactic PR) — Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or “the Company”), a vertically integrated aerospace company, today announced that SpaceShipTwo’s cabin interior design reveal will take place on July 28, 2020. The virtual event will be streamed live on YouTube. In celebration of this milestone, the Company will also be announcing plans to bring immersive versions of Virgin Galactic’s spaceflight and cabin interior experience, to aspiring astronauts around the world.

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Virgin Galactic’s SpaceShipTwo VSS Unity Completes Glide Flight

SpaceShipTwo Unity on its second glide flight over Spaceport America. (Credit: Virgin Galactic)

LAS CRUCES, N.M. June 25, 2020 (Virgin Galactic PR) — Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or “the Company”) today announced the successful completion of the second SpaceShipTwo test flight from Spaceport America.

This flight follows the completion of the first test flight from the Company’s commercial headquarters in New Mexico on May 1, 2020, and marks another important milestone as the team progresses toward the launch of Virgin Galactic’s commercial service.

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NASA Moving Forward to Enable a Low-Earth Orbit Economy

Axiom modules attached to the International Space Station. (Credit: Axiom Space)

WASHINGTON (NASA PR) — One year ago, NASA announced the agency is opening the space station for business, enabling commercial and marketing opportunities on the station, and the agency has moved forward toward its ultimate goal in low-Earth orbit to partner with industry to achieve a strong ecosystem in which NASA is one of many customers purchasing services and capabilities at lower cost.

Providing expanded opportunities at the International Space Station to manufacture, market and promote commercial products and services will help catalyze and expand space exploration markets for many businesses.

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Virgin Galactic Signs Agreement with NASA for Private Orbital Spaceflight to Space Station

SpaceShipTwo VSS Unity makes first glide flight at Spaceport America in New Mexico. (Credit: Virgin Galactic)

Increases Commercial Participation in Human Spaceflight to ISS to Advance LEO Economy

(MOJAVE, California) – June 22, 2020 – Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or “the Company”), a vertically integrated aerospace company, announced today the signing of a Space Act Agreement with NASA’s Johnson Space Center to encourage commercial participation in orbital human spaceflight to the International Space Station (“ISS”) while enabling the development of a robust economy in Low Earth Orbit.

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