NEW YORK, Oct. 16, 2019 (Virgin Galactic PR) — In January 2019, Virgin Galactic Founder Sir Richard Branson and Under Armour CEO and Founder Kevin Plank announced a collaboration which saw Under Armour become Virgin Galactic’s Technical Spacewear Partner. Today, the companies unveiled the collaboratively designed spacewear system for Virgin Galactic astronauts comprising of a base layer, spacesuit, footwear, training suit and Limited Edition astronaut jacket. It is the first such collection ever created specifically for private astronauts.
Editor’s Note: My guess is they will unveil the passenger flight suits in some sort of fashion event, probably involving some fashion models. I wonder if Karlie Kloss, who has said her dream is to fly to space, will be there.
Why do I think it’s the flight suit? Ticket holders have been coming in and other of Mojave in recent months to get fitted for the “spacesuit.” There’s not going to be a lot of things going into space with them. And NYC is a major fashion capital.
Chief Pilot David Mackay gave a talk recently here in Mojave. He said passengers will not wear pressure suits, but they will have oxygen masks in the event of an emergency.
If they are unveiling the flight suit on Wednesday, calling it a milestone is a bit of a stretch. The Crew Dragon parachute drop tests, static fire, in-flight abort flight and orbital mission discussed during the briefing at SpaceX headquarters on Thursday are actual milestones.
Unveiling a flight suit is primarily a marketing and public relations event. Really important milestones will be completing the SpaceShipTwo flight test program and actually flying some passengers next year.
New York, USA, October 10, 2019 (Virgin Galactic PR) — Social Capital Hedosophia Holdings Corp. (“SCH”) and Virgin Galactic today announced that Wanda Austin, Craig Kreeger and George Mattson have agreed to join the board of directors of Virgin Galactic Holdings, Inc. (“VGH”), the company resulting from the pending business combination transaction involving SCH and Virgin Galactic. The board appointments are contingent on approval by SCH’s shareholders and the completion of the business combination between SCH and Virgin Galactic.
NEW YORK, Oct. 10, 2019 (SCH PR) —Social Capital Hedosophia Holdings Corp. (“SCH”) announced today that it will hold its extraordinary general meeting (the “Extraordinary General Meeting”) at 12:30 p.m., Eastern Time, on October 23, 2019, to approve, among other things, the previously announced business combination (the “Business Combination”) with TSC Vehicle Holdings, Inc., Virgin Galactic Vehicle Holdings, Inc. and V4GH, LLC (collectively, “Virgin Galactic” and, together with Vieco USA, Inc. and Vieco 10 Limited, “VG”). The Extraordinary General Meeting is scheduled to be held at The Westin Palo Alto, located at 675 El Camino Real, Palo Alto, CA 94301.
NEW YORK, Oct. 8, 2019 (Boeing PR) — Boeing [NYSE: BA] will invest $20 million in Virgin Galactic, a vertically integrated human spaceflight company. The companies will work together to broaden commercial space access and transform global travel technologies.
WASHINGTON, DC, October 2, 2019 (Virgin Galactic PR) — Virgin Galactic has announced a new contract with the Italian Air Force for a research flight on the company’s SpaceShipTwo system during which Italian researchers will actively conduct experiments while they are in space.
DIDCOT, England (UKspace PR) – Space industry pioneer and entrepreneur, Will Whitehorn, today takes over from Andy Green as President of UKspace, the trade association which represents the UK space industry.
Will, who was formerly President of Virgin Galactic, played a central role in the development and concept of commercial spaceflight, and now holds several non-executive roles at companies including the Royal Air Force, Good Energy PLC, Stagecoach Group PLC, AAC Clyde Space and Scottish Event Campus Ltd. He is also a Fellow of the Royal Aeronautical Society. He was also awarded the 2010 Geoffrey Pardoe RAeS Space Award for services to the space industry.
Today, Sept. 27, marks the 15th anniversary of Richard Branson announcing the launch of Virgin Galactic Airways. It’s been a long, winding road between that day and today, filled with many broken promises, missed deadlines, fatal accidents and a pair of spaceflights.
This year actually marks a double anniversary: it’s been 20 years since Branson registered the company and began searching for a vehicle the company could use to fly tourists into suborbital space.
Below is a timeline of the important events over that period.
CNBC reports that Jeff Bezos’ Blue Origin plans two more flight tests of the reusable New Shepard booster and capsule before flying people on suborbital flights. The additional tests could delay the first human flight into next year.
CEO Bob Smith has talked about the first crewed flight of New Shepard happening as early as the end of 2018 – but that goal has steadily been pushed back. Smith, in an interview with CNBC on Tuesday, explained why Blue Origin has delayed the first crewed flight and continued to test.
“It’s really the robustness of our entire system. It’s not one individual thing that’s driving [these delays],” Smith said. “It’s us being cautious and thorough with the total systems we need to verify.”
He noted that Blue Origin has been pushing the limits of its software and hardware, as well as testing its BE-3 rocket engine for extreme and unexpected situations.
Blue Origin has filed an application with the Federal Communications Commission to conduct the 12th New Shepard launch no earlier than Nov. 1.
New Shepard consists of a reusable booster and capsule. The capsule lands by parachute while the booster touches down using landing legs.
Blue Origin has recovered the capsules and boosters on 10 of the 11 flights. On one flight, the booster crashed while the capsule landed safely.
The company has not announced when it will begin to sell tickets and what price it will charge. Tickets aboard Virgin Galactic’s SpaceShipTwo, which expects to begin commercial suborbital flights next year, cost $250,000. Virgin Founder Richard Branson plans to be aboard the first commercial flight.
Fourteen years ago, Virgin Galactic and New Mexico promised “tens of thousands” of tourists would fly to space from Spaceport America by 2019. Total thus far: 0.
by Douglas Messier Managing Editor
When they announced in December 2005 that Virgin Galactic would locate its space tourism business in New Mexico, Virgin Founder Richard Branson and Gov. Bill Richardson made a number of eye-popping claims about why taxpayers should back a plan to build the Southwest Regional Spaceport to serve as the space tourism company’s home base:
$331 million in total construction revenues in 2007;
2,460 construction-related jobs;
$1 billion in total spending, payroll of $300 million and 2,300 jobs by the fifth year of operation; and,
$750 million in total revenues and more than 3,500 jobs by 2020.
Virgin Galactic would sign a 20-year lease as anchor tenant and pay fees based on the number of launches it conducted. New Mexico would use the spaceport, Virgin’s presence and the funds generated to develop a large aerospace cluster.
Surprisingly, New Mexico would spend more money, $225 million, to develop a facility now known as Spaceport America than the $108 million that Branson planned to spend on developing a fleet of five SpaceShipTwos and WhiteKnightTwo carrier aircraft.
Among all the big numbers in the announcement, there was a truly astounding one that was deemed so important it was mentioned twice. (Emphasis added)
Well, it’s not the famous winter of Game of Thrones, but the 14-day lunar night has arrived where India’s Vikram lander and Pragyan rover made what IRSO officials have called a “hard landing” two weeks ago with no communication between them and ground controllers.
Since neither vehicle was designed to survive the frigid temperatures of the lunar night, the Indian space agency has called it a day in a rather bare bones announcement.
MOJAVE, Calif. (Virgin Galactic PR) — Virgin Galactic announced today that it has mated the fuselage and cabin of its next spaceship to the completed wing assembly. In addition, the two tail booms have been mated to the spaceship’s rear feather flap assembly. The completion of these two milestones brings assembly of the next SpaceShipTwo, planned to enter service after VSS Unity, a major step forward.
At a meeting on Monday, shareholders of Social Capital Hedosophia (SCH) gave approval to the public company to move forward with an $808 million merger deal with Sir Richard Branson’s Virgin Galactic.
“Holders of 66,333,089 of the Company’s ordinary shares, which represents 76.9% of the ordinary shares outstanding and entitled to vote as of the record date of August 8, 2019, were represented in person or by proxy,” Social Capital said in a document filed with the Securities and Exchange Commission (SEC).
The shareholders approved two resolutions. The first extends the date for completing the merger from Sept. 18 to Dec. 18, 2019.
The second resolution “extends the date on which the Trustee must liquidate the trust account established in connection with the Company’s initial public offering” if the SCH and Virgin Galactic do not complete the merger by Dec. 18.
Under terms of the deal, SCH would own up to approximately 49% of the combined space tourism company, which would be publicly traded. SCH founder Chamath Palihapitiya would become chairman of the board.
For more details about the deal, read the announcement here.
As shareholders in Chamath Palihapitiya’s Social Capital Hedosophia prepare to vote on an $808 million merger with Richard Branson’s Virgin Galactic on Monday, it seemed like a good time to take a closer look at it.
Fortunately, Virgin and Social Capital have filed a new 8K form with the Securities and Exchange Commission (SEC) that includes anupdated PowerPoint documenttitled Analyst Day Presentation that is dated Sept. 5.
The presentation is 100 slides long. I’ve gone through and excerpted the highlights so that you don’t have to. But, if you want to read the whole thing, visit this page and scroll down.