Virgin Galactic moves one step closer to commercial space flights
Flying at Mach 3 and reaching more than 55 miles above the Earth Saturday, British billionaire Sir Richard Branson’s private spaceship company Virgin Galactic Holdings Inc (SPCE.N) completed its first manned space flight from its new home port in New Mexico.
Virgin Galactic ‘evaluating’ timeline for next flight test, shares drop
Billionaire Richard Branson’s Virgin Galactic Holdings Inc (SPCE.N) said on Monday it was evaluating the timing of its next flight test, sending shares down 9.4% in extended trade. “Following Eve’s last post slide inspection, we tagged a potential wear and tear issue as requiring further evaluation and analysis to see if any additional action is necessary,” said […]
Virgin Atlantic set to raise 160 million pounds in new financing
(Reuters) – British airline Virgin Atlantic, which has been hammered by the COVID-19 pandemic like much of the sector, is set to raise 160 million pounds ($222.75 million) in new financing, a spokeswoman for Richard Branson’s airline said in an emailed statement. “We continue to bolster our balance sheet in anticipation of the lifting of […]
