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Growing demand for commercial spaceflight could turn a young market into a $1.6 billion industry within ten years, according to a new jointly-funded study.
Richard Branson announced on Wednesday at the Farnborough airshow near London that he and his family would be on Virgin Galactic's first trip into space.
The Virgin Galactic spaceship is expected to be making a debut at Farnborough International Airshow, which is considered to be the world's leading aviation marketplaces.
Space tourism just received one giant leg up by the U.S. government as the Federal Aviation Administration (FAA) granted Virgin Galactic an experimental launch permit for its SpaceShipTwo.
Richard Branson the famed owner of Virgin Galactic announced the 500th ticket for a Virgin Galactic flight.
Virgin Galactic and U.S. officials dedicated the world's first built-from-scratch commercial spaceport on Monday.
NASA has signed a deal with Virgin Galactic to use the Richard Branson-founded company's spacecraft and southern New Mexico spaceport for suborbital flights.
Officials said on Tuesday that a NASA-backed space taxi built by Sierra Nevada Corp will be making a high-altitude test flight next summer.
Virgin Galactic opened its Final Assembly, Integration and Test Hanger (FAITH) at Mojave Air and Space Port on Monday.
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