Articles tagged “virgin galactic”

Virgin Galactic Could Fly Customers to Space as Soon as This Year

Virgin Galactic Could Fly Customers to Space as Soon as This Year

Justin Bachman, Bloomberg

Virgin Galactic already has about 700 customers willing to pay $250,000 for a 90-minute flight. That's remarkable, right?

2 weeks ago

Space Tourism Could Be Big for Travel Industry

Space Tourism Could Be Big for Travel Industry

Sam Unsted, Bloomberg

For this to happen, the cost of space travel will have to fall enough that more than just the ultra-wealthy can afford it.

2 months ago

Virgin Galactic Clears a Hurdle in Space Tourism Race

Virgin Galactic Clears a Hurdle in Space Tourism Race

John Antczak, Associated Press

Virgin Galactic, Richard Branson's private space company, scored a long-elusive win this week with a successful trip to the edge of space. Branson says in three years he'll be up there. But given a record of delays, we're not holding our breaths.

5 months ago

Virgin Galactic Moves Closer to Shuttling Tourists to Space After Test Flight

Virgin Galactic Moves Closer to Shuttling Tourists to Space After Test Flight

Associated Press

It counts as progress that nobody died when Virgin Galactic tested its rocketship this time. It's still unclear when, if ever, expensive suborbital flights will become a reality for wealthy vacationers, especially considering the demonstrable safety risks.

1 year ago

Virgin Group’s Space Ventures Secures $1 Billion Saudi Arabia Investment

Virgin Group’s Space Ventures Secures $1 Billion Saudi Arabia Investment

Nour Al Ali and Matthew Martin, Bloomberg

When the oil wells run dry, Saudi Arabia hopes to generate money by shuttling passengers through outer space (Virgin Galactic) and point to point in cars (Uber) through cities around the world. When you have cash to burn, there could be much worse investments.

2 years ago

Richard Branson Aims to Ride Virgin Galactic Into Space in 2018

Richard Branson Aims to Ride Virgin Galactic Into Space in 2018

Bruce Einhorn, Bloomberg

Richard Branson's Virgin Galactic, which suffered a fatality in 2014, is losing the space race to Jeff Bezos-backed Blue Origin and Elon Musk’s SpaceX. Of course, it's all very early, though.

2 years ago

Virgin Galactic to Resume Test Flights of Its Commercial Spacecraft

Virgin Galactic to Resume Test Flights of Its Commercial Spacecraft

Benjamin Katz , Bloomberg

The commercial spaceliner race continues, but concerns about safety loom, threatening the viability of this new way to fly.

3 years ago

Virgin Galactic Team Returns to Spaceport America to Test New Tourism Space Ship

Virgin Galactic Team Returns to Spaceport America to Test New Tourism Space Ship

Susan Montoya Bryan, Associated Press

It's been nearly two years since the tragic accident involving an older version of SpaceShipTwo but the Virgin Galactic Team is back in New Mexico for the first time since, testing out its new aircraft.

3 years ago

Virgin Galactic’s New Tourism Space Ship Is Coming Today

Virgin Galactic’s New Tourism Space Ship Is Coming Today

John Antczak, Associated Press

We look forward to more testing.

3 years ago

Spaceport America Visitor Center Opens as Virgin Galactic Vows to Resume Flights

Spaceport America Visitor Center Opens as Virgin Galactic Vows to Resume Flights

Associated Press

The Spaceport America visitor center is banking on the prospect that Virgin Galactic will be able to resume test flights and eventually launch commercial flights. There is a lot riding on that not only for Virgin Galactic but for New Mexico and the entire space tourism industry.

4 years ago

Virgin Galactic’s New Mexico Spaceport Looks for More Reliable Revenue Sources

Virgin Galactic’s New Mexico Spaceport Looks for More Reliable Revenue Sources

Associated Press

The day space-bound aircraft begin taking off on the regular will be a fascinating one, but until that time comes this will be a curiosity only enjoyed by the rich and the fickle.

4 years ago

At Least One Year Delay for Virgin Galactic After Last Fall’s Fatal Crash

At Least One Year Delay for Virgin Galactic After Last Fall’s Fatal Crash

Kari Lundgren and Cory Johnson, Bloomberg

When it happens, we'll be impressed. But we're not bullish on the timeline.

4 years ago