SpaceShipTwo "Unity" on the runway after an aborted spaceflight take a look at on Dec. 12, 2020.Virgin GalacticA Virgin Group spokesperson informed
SpaceShipTwo “Unity” on the runway after an aborted spaceflight take a look at on Dec. 12, 2020.
Virgin Galactic
A Virgin Group spokesperson informed CNBC that the agency “intends to make use of the online proceeds from this sale to help its portfolio of worldwide leisure, vacation and journey companies that proceed to be affected by the unprecedented affect of COVID-19.” It is the second time Branson has offered Virgin Galactic inventory to assist Virgin Group, as he offered about $500 million of his stake final Could.
Virgin Galactic continues to work to finish growth of the spacecraft that it plans to make use of to fly folks to the sting of area and again. The corporate suffered a setback in December, when electromagnetic interference induced an early abort of its most up-to-date spaceflight try. The subsequent try is anticipated in Could.
The event delays have pushed again Virgin Galactic’s deliberate debut of its area tourism service, with CEO Michael Colglazier saying the corporate doesn’t count on to start flying business flights till early 2022.
Virgin Galactic expects to fly 4 extra spaceflight exams with its “VSS Unity” spacecraft, together with flying Branson this summer season.