Latest Virgin Galactic Stories

2006-07-30 17:50:00

LOS ANGELES -- They are celestial missionaries of sorts: professionals with a wild side, celebrities with money to burn and semi-retirees with a hankering for one last thrill. What they share is a desire to float weightless for a mere five minutes. They've also got $200,000 to book a flight into space. Even without a guarantee that they would ever blast off, these leisurenauts are voluntarily promoting commercial space travel - still several years away, at least - with an almost religious...

2006-05-04 19:45:30

LOS ANGELES (AP) - Maverick aerospace designer Burt Rutan on Thursday criticized NASA's decision to use an Apollo-style capsule to return to the moon, saying it "doesn't make any sense" to build a new generation of space vehicles using old technology. The designer of SpaceShipOne said NASA's proposed crew exploration vehicle to replace the aging space shuttle fleet doesn't push the technical envelope needed to accomplish more complex future missions that might include manned flights to other...

2006-03-01 17:02:31

SAN FRANCISCO (Reuters) - New Mexico Gov. Bill Richardson signed legislation into law on Wednesday that will allow his state to begin investing $110 million in a facility to launch tourists into space. "These bills will help create tremendous economic impact for New Mexico, and particularly Southern New Mexico," Richardson said in a statement on the planned spaceport in Upham near the White Sands Missile Range. "This is a unique opportunity for New Mexico to be on the ground floor...

2006-02-20 13:18:25

CAPE CANAVERAL, Fla. -- Scotty will be blasted into space - not beamed up - and Gordo is returning for his third flight. The planned launch sometime in March of a rocket carrying the ashes of actor James Doohan, who played chief engineer Montgomery Scott on "Star Trek," and Mercury program astronaut Gordon Cooper will give a fitting send-off to two men who helped popularize human space exploration. The craft also will hold the ashes of 185 others, including a telephone technician, a nurse...

2006-02-18 10:21:10

LOS ANGELES -- A day after Space Adventures announced it was in a venture to develop rocket ships for suborbital flights, the company said Friday it plans to build a $265 million spaceport in the United Arab Emirates. The commercial spaceport would be based in Ras Al-Khaimah near the southern end of the Persian Gulf, and the UAE government has made an initial investment of $30 million, the Arlington, Va.-based company said in a statement. The spaceport announcement comes on the heels of...

2006-02-17 07:00:20

LOS ANGELES -- A company that has sent three space tourists into orbit has partnered with an investment firm founded by major sponsors of the Ansari X Prize to develop rocket ships for suborbital flights. The agreement announced Thursday between Space Adventures and the venture capital firm Prodea would help finance suborbital vehicles being designed and built by the Russian aerospace firm Myasishchev Design Bureau. "We want to provide the opportunity for people to experience space in as many...

2006-01-26 20:21:13

By Jim Christie SAN FRANCISCO (Reuters) - New Mexico Gov. Bill Richardson said on Thursday a plan to spend $100 million in state money to build a facility to launch tourists into space will take flight, despite objections in the state legislature. Richardson, a Democrat considered a potential presidential contender, wants to help British entrepreneur Richard Branson's Virgin Galactic build a one-of-its-kind commercial spaceport near a small town neighboring the White Sands Missile...

2005-12-16 08:20:00

UPHAM, N.M. -- When adventurer Richard Branson looks out across the vast southern New Mexico desert, he sees the launch pad of a space tourism industry. He envisions a state-built spaceport with roads, launchpads and giant runways, and customers pouring in for the chance to experience six minutes of weightlessness and a view of Earth they had only before seen in photos. "We're going where no one has gone before. There's no model to follow, nothing to copy," the British entrepreneur said...

2005-12-13 12:03:36

LONDON -- Virgin Galactic, the British company created by entrepreneur Richard Branson to send tourists into space, and New Mexico announced an agreement Tuesday for the state to build a $225 million spaceport. Virgin Galactic also revealed that up to 38,000 people from 126 countries have paid a deposit for a seat on one of its manned commercial flights, including a core group of 100 "founders" who have paid the initial $200,000 cost of a flight upfront. Virgin Galactic is planning to begin...

2005-12-09 00:35:00

LOS ANGELES -- British entrepreneur Richard Branson has chosen New Mexico for the launch pad of his planned space tourism flights, state officials said on Thursday. Details of the agreement are scheduled to be unveiled in New Mexico on December 14 when Branson will fly in for a news conference, Economic Development Secretary Rick Homans said. "We are very excited to announce our partnership with Virgin Galactic next week. It has been a dream in New Mexico for 15 years to build a spaceport and...

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Sir Richard Branson
2013-08-10 06:47:02

Sir Richard Charles Nicholas Branson, born July 18, 1950, in Surrey, England, is a British business magnate and investor. He is best known as the founder and chairman of Virgin Group of more than 400 companies. His net worth as of 2013 is $4.6 Billion (US). He is the fourth (4th) richest person in the UK, according to Forbes Magazine. His first business venture was a magazine called Student at the age of 16. By 1969, Branson was living in a London commune, surrounded by the British...

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Word of the Day
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.