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Latest Finance News related to Virgin Galactic

SpaceX to fly two tourists around Moon in 2018 image
Source : BBC [Read Article] Monday 27th of February 2017 11:48:09 PM
....The US has not sent astronauts to the Moon since the early 1970s. Sir Richard Branson's Virgin Galactic venture proposes to send tourists on short sub-orbital flights in its vehicle SpaceShipTwo; the cost of a seat is listed as $250,000. ...
Flying high image
Source : BBC [Read Article] Sunday 8th of January 2017 01:02:39 AM
....But British billionaire Sir Richard Branson is looking to usher in the age of the supersonic flight once again; and make it affordable to the masses. His company Virgin Galactic is working with US start-up Boom to develop the XB-1, which is being plugged as the world's fastest civil aircraft ever made. ...
Richard Branson reveals prototype for supersonic passenger aircraft image
Source : Guardian [Read Article] Tuesday 15th of November 2016 01:00:17 PM
....“I have long been passionate about aerospace innovation and the development of high-speed commercial flights,” Branson said. “As an innovator in the space, Virgin Galactic’s decision to work with Boom was an easy one. ...

Virgin Galactic makes one small step toward commercial spaceflight
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Source : Telegraph [Read Article] Tuesday 2nd of August 2016 09:31:48 AM
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Driverless cars, drones and spaceport to feature in Queen's speech image
Source : Guardian [Read Article] Sunday 15th of May 2016 11:58:36 AM
....Eight sites – six in Scotland and one each in England and Wales – are currently under consideration for the port, which could launch commercial satellites and tourists into space. The government previously said it could provide 100,000 jobs and that it would be ready by 2018, but the announcement gives the government another two years of leeway before operators including Virgin Galactic could potentially blast off from the chosen site. ...
Supersonic jet startup vows 'affordable' travel – if you have $5,000 to spare image
....5-hour passenger flights between London and New York 13 years after Concorde was decommissioned. “Richard has long expressed interest in developing high-speed flight and building high speed flight R&D through Virgin Galactic and our manufacturing organization, The Spaceship Company,” a Virgin Group spokeswoman said. ...
Supersonic jet startup vows 'affordable' travel – if you have $5,000 to spare image
....5-hour passenger flights between London and New York 13 years after Concorde was decommissioned. “Richard has long expressed interest in developing high-speed flight and building high speed flight R&D through Virgin Galactic and our manufacturing organization, The Spaceship Company,” a Virgin Group spokeswoman said. ...
VIDEO: Richard Branson unveils new spaceship image
Source : BBC [Read Article] Saturday 20th of February 2016 03:32:00 AM
. Sir Richard Branson has unveiled the new version of his Virgin Galactic Spaceship. ...
Virgin Galactic returns with SpaceShipTwo test flight image
Source : Telegraph [Read Article] Friday 19th of February 2016 08:37:33 AM
. Sir Richard Branson is set to unveil the new Virgin Galactic SpaceShipTwo as the company pushes ahead in the race to send passengers into space, almost 18 months after a fatal accident killed a test pilot. ...
Richard Branson to launch rockets into space using Boeing 747 image
Source : Telegraph [Read Article] Friday 4th of December 2015 12:16:51 AM
.... . Virgin Galactic, the billionaire's space transport company, unveiled the aircraft, nicknamed Cosmic Girl, on Thursday after buying it from Sir Richard's airline. ...
Virgin presses 747 into space action image
Source : BBC [Read Article] Thursday 3rd of December 2015 10:13:31 PM
....Sir Richard Branson is reassigning one of his old Virgin Atlantic 747-400 jumbos to the service of space. The jet will be the launch platform for the satellite rocket being developed by another of the entrepreneur's companies - Virgin Galactic. ...
Space engine firm gets BAE investment image
Source : BBC [Read Article] Monday 2nd of November 2015 12:00:25 AM
....Blue Origin, which is financed by Amazon founder Jeff Bezos, is working on a fully reusable space vehicle. Meanwhile Richard Branson's Virgin Galactic has developed its own launch system which involves a plane carrying a rocket to high altitude. ...
What would you do with $6bn? image
Source : Telegraph [Read Article] Tuesday 20th of October 2015 05:39:40 PM
.... . A brief trip into space with Virgin Galactic, assuming they ever manage to take passengers commercially, costs small change - just $250,000. ...
Satellites: All eyes are on British firms taking a lead in a new space race image
Source : Daily Express [Read Article] Tuesday 29th of September 2015 07:41:00 PM
.... . The three were part of recent government-backed trade mission for nine of the UK’s brightest firms visiting space sector giants including NASA, Lockheed Martin and Virgin Galactic in Utah and Silicon Valley as well as angel and venture capital investors. ...
Virgin boosts rocket capability image
Source : BBC [Read Article] Tuesday 15th of September 2015 08:04:27 AM
....Sir Richard Branson's space company says it is boosting the capability of its satellite launcher. The Virgin Galactic rocket will be air-launched in a similar way to the firm's proposed tourist spaceplane - from under a carrier jet. ...
Virgin Galactic passenger numbers 'almost recovered’ after space craft’s fatal accident image
. Virgin Galactic's “future astronaut” numbers have almost recovered after dropping in the wake of its fatal accident in the Mojave Desert last year, according to chief executive George Whitesides. ...
Virgin Galactic boldly goes into small satellites, telling future astronauts 'you have to wait' image
. 'That’s funny, I’ve never been asked that before,” quips Virgin Galactic boss George Whitesides. ...
Hypersonic spaceplane could fly at 10 times the speed of sound image
Source : Telegraph [Read Article] Friday 7th of August 2015 10:12:10 AM
.... . Darpa has now awarded three contracts to Boeing, Masten Space Systems and Northrop Grumman, which will subcontract Virgin Galactic, to develop a demonstration vehicle, identify and reduce risks to the technologies on board, and come up with a plan to build and flight-test the spaceplane. ...
Airbus patents plane that could fly from Paris to Tokyo in three hours image
Source : Guardian [Read Article] Wednesday 5th of August 2015 07:35:46 AM
.... It has now won approval from the US Patent Office. The concept comes as commercial space companies such as Virgin Galactic pursue plans for low-level space flights. ...
Braking error led to spaceship crash image
Source : BBC [Read Article] Tuesday 28th of July 2015 03:37:35 PM
. Investigators say a Virgin Galactic spaceship crash was caused by structural failure after the co-pilot unlocked a braking system early. ...
What is the point of Twitter? image
Source : BBC [Read Article] Thursday 23rd of July 2015 11:02:10 PM
....Even tweeting extrovert Sir Richard Branson, who has more than six million followers and epitomises the consumer-friendly, approachable boss, is prone to the occasional gaffe. His tweet on the day of the fatal Virgin Galactic crash last year began: "Space is hard - but worth it. ...
Broadband space race heats up as Airbus and Virgin Group join OneWeb image
Source : Guardian [Read Article] Thursday 25th of June 2015 09:09:34 PM
....As well as helping to fund the project, Airbus has been commissioned to build 900 micro-satellites designed by OneWeb – the total including a surplus for spares and upgrades. The venture will involve the largest single commercial rocket acquisition in history, with France’s Arianespace commissioned to build 65 rockets and Sir Richard Branson’s Virgin Galactic space venture contributing 39 launches. ...
Test-failure Richard Branson still reaching for the stars image
Source : Daily Express [Read Article] Sunday 14th of June 2015 12:00:00 AM
. The billionaire founder of the Virgin conglomerate, speaking at the launch of Virgin Atlantic’s new route between London and Detroit, pledged to make Virgin Galactic a success. ...
Sir Richard Branson: IAG buying Aer Lingus is absolutely wrong image
Source : Telegraph [Read Article] Thursday 11th of June 2015 06:00:47 PM
.... . His Virgin Galactic project was hit by tragedy last autumn when SpaceShipTwo exploded over the Mojave Desert in California, killing the co-pilot. ...
Virgin Galactic space travel should carry on because a pilot died, colleague says image
. The team behind the Virgin Galactic attempts to make commercial space flight a reality must carry on despite a fatal accident, a colleague has said. ...
Virgin Galactic pilot recalls crash image
Source : BBC [Read Article] Thursday 4th of June 2015 06:02:06 AM
. For the first time, one of the pilots involved in Virgin Galactic's spaceship crash has spoken to the media. ...
VIDEO: Close up look at new Virgin spaceship image
Source : BBC [Read Article] Thursday 4th of June 2015 05:02:57 AM
. Virgin Galactic have been building a new spaceplane in a hangar in the desert in the US. ...
Amazon founder Jeff Bezos' rocket company launches first craft - but did it make it to space? image
.... . Blue Origin is among a handful of companies - including Virgin Galactic, a US offshoot of Sir Richard Branson’s Virgin Group, and XCOR Aerospace - developing privately-owned spaceships to fly experiments, satellites and people into space. ...
Amazon founder's space company ready to start test flights image
Source : Telegraph [Read Article] Tuesday 7th of April 2015 07:23:37 PM
.... Blue Origin is among a handful of companies planning to offer commercial spaceflight services. New Shepard is a suborbital system, like Virgin Galactic's SpaceShipTwo, a six-passenger, two-pilot spaceplane that is expected to resume test flights later this year following a fatal accident in Mojave, California, on October 31, 2014. ...
Sir Richard Branson orders two giant ships as Virgin plans to gatecrash cruise market image
.... . The entrepreneur suffered a serious setback last year in his attempts to take tourists into space when a Virgin Galactic spacecraft crashed in the Mojave desert after a test flight. ...
Sir Richard Branson's Virgin enters space race for global web access image
Source : Telegraph [Read Article] Thursday 15th of January 2015 12:24:45 PM
.... Sir Richard said: “OneWeb will build, launch and operate the world’s largest-ever satellite network. Virgin Galactic’s LauncherOne programme will help make it possible with frequent satellite launches at a much lower cost and with greater reliability. ...
Sir Richard Branson: Why I continued with Virgin Galactic after fatal crash image
. Sir Richard Branson has set out the thinking behind his decision to continue with the Virgin Galactic space programme in the wake of the crash that killed one of the project’s pilots. ...
Orion capsule is headed into deep space – and it takes hopes for commercial space travel and Mars with it image
.... It was a spectacular and terrifying reminder of the dangers of space exploration – and of the key but controversial involvement of private, companies. The tragic crash of a Virgin Galactic space vehicle weeks later further compounded fears and concerns about for-profit space travel. ...
Virgin Money IPO to crystallise paper fortune for billionaire backers image
Source : Telegraph [Read Article] Monday 10th of November 2014 05:00:12 AM
.... . The flotation will provide some much needed relief for Sir Richard, 64, after the crash of his space craft Virgin Galactic two weeks ago. ...
Comment: Virgin boss faces questions over float timing image
Source : Independent [Read Article] Tuesday 4th of November 2014 02:10:51 PM
....So management at Sir Richard Branson’s Virgin should face questions over why they’re pushing the button on not one but two floats now. With the investigators still picking through the wreckage of Friday’s fatal Virgin Galactic space crash, imminent listings for Virgin Money in London and airline Virgin America in the US are puzzlingly on the agenda. ...
Branson under fire for second major deal since space tragedy image
Source : Independent [Read Article] Tuesday 4th of November 2014 12:43:26 PM
. Sir Richard Branson is pressing ahead with plans to pocket millions from the £2bn flotation of the challenger bank Virgin Money, only days after the fatal crash of his Virgin Galactic spaceship. ...
Sir Richard Branson defends Virgin Galactic: Space tourism 'worth the risk' image
Source : Independent [Read Article] Tuesday 4th of November 2014 12:10:11 PM
. Virgin Group founder Sir Richard Branson has defended Virgin Galactic's space programme, insisting the risk is "worth it" following the fatal crash of the SpaceShipTwo, which resulted in the death of test pilot Michael Alsbury. ...
Virgin Galactic crash: 'Dozens' of investors consider pulling out of space programme image
. Dozens of wealthy investors are considering pulling out of Sir Richard Branson’s Virgin Galactic programme, in a move which could cost the entrepreneur millions, it has been claimed. ...
Virgin Galactic crash: Spaceflight company was warned of safety issues, expert claims image
. Virgin Galactic was given warnings several years ago about the danger of its rockets but chose to ignore cautions from experts, it has been claimed. ...
Boeing's Chris Chadwick: 'We are synonymous with manned space. If that market develops, we’ll be there' image
....” . Boeing was not connected with last week’s two high-profile spacecraft accidents in the US – the explosions of Virgin Galactic’s SpaceShip Two and Orbital Sciences’ unmanned Antares rocket – and Chadwick believes the company has a large role to play in manned space flight. ...
Virgin Galactic will continue after fatal SpaceShipTwo crash, vows Branson image
Source : Guardian [Read Article] Saturday 1st of November 2014 10:44:35 AM
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Still looking up: former Nasa chief who now nurtures Virgins spaceflight hopes image
.... With the long narrow wings of a glider, it looks almost too fragile for its intended journey to the edge of earth’s atmosphere. But this slender frame is carrying the dreams of 700 aspiring astronauts: private citizens who have paid up to $250,000 (£155,000) per head to Sir Richard Branson’s Virgin Galactic for the chance to take a trip to the stars. ...
British bitcoin start-up Blockchain raises $30m image
Source : Telegraph [Read Article] Tuesday 7th of October 2014 10:31:50 AM
.... Microsoft founder Bill Gates recently praised the virtual currency, dubbing it an "exciting" invention. Sir Richard, who has invested in a number of bitcoin ventures, accepts the currency as payment for travel on his Virgin Galactic Spaceship project. ...
City Diary: Planes, trains and ... drones for travel tycoon Sir Richard Branson image
.... -------------------------------------------------------------- . And so to the final frontier, for an update on Sir Richard’s ambitions for the universe’s first known commercial star-gazing service, Virgin Galactic. ...
Rather than desecrate the Arctic should business mine the moon? image
Source : Guardian [Read Article] Wednesday 27th of August 2014 02:08:05 PM
....Given the above, it is not surprising that corporate interest in space is growing. Test flights of Virgin Galactic’s craft, which will carry passengers to and from space, continue, while Orbital Sciences Corporation and SpaceX have also each begun to provide a commercial cargo service to the International Space Station. ...
We’ve crossed the final frontier with space exploration image
Source : Telegraph [Read Article] Sunday 20th of July 2014 05:30:40 PM
.... Building on the pioneering work done by governments, several entrepreneurs have started new businesses expressly designed to tackle those exact problems. We at Virgin Galactic, the world’s first spaceline, are proud to count ourselves among them. ...
Scotland could be base for spaceport, says UK government image
Source : BBC [Read Article] Saturday 12th of July 2014 11:04:10 PM
.... . For ministers and the space industry, the major interest in a UK spaceport is as a facility to enable satellite launches, but hopefully it would also become a centre for the new tourism initiatives from specialist operators such as Virgin Galactic and XCor. ...
Mr King of Shaves: how to take on big boys such as GIllette and Wilkinson Sword image
.... . Name: Will KingAge: 48Family: Wife, one sonHomes: Maida Vale, and GrenadaEducation: Portsmouth PolytechnicFirst job: Advertising salesCurrent job; Chief executive, King of ShavesNot a lot of people know: Will will be the 74th passenger to fly into space with Virgin Galactic, if his board allow him . ...
Source : Independent [Read Article] Thursday 12th of June 2014 11:00:00 PM
.... . The American internet giant is discussing a deal which could give it an equity stake in Sir Richard's Virgin Galactic and form a joint venture which could provide it with access to satellite launch technology. ...
Virgin Galactic signs spaceflight deal with US authority image
Source : BBC [Read Article] Thursday 29th of May 2014 06:16:53 PM
. Virgin Galactic has signed a deal with the US Federal Aviation Authority (FAA), which will allow it to charter space flights from its base in the US state of New Mexico. ...
Richard Branson bets on BitPay image
Source : Independent [Read Article] Tuesday 13th of May 2014 10:09:25 AM
.... He is also thought to have bought some bitcoin himself, making him one of its highest-profile backers. Branson has spoken out in support of digital currencies and last year let customers pay for his commercial space travel business Virgin Galactic in bitcoin. ...

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