Latest Virgin Galactic Stories
Virgin Galactic is begrudgingly agreeing to pay New Mexico rent on the spaceport the state built for Richard Brandon's space tourism business.
Officials from Virgin Galactic are reportedly threatening to pull their support from a $200-plus million, publicly financed spaceport in New Mexico unless an accident liability waver is extended to cover manufacturers and component suppliers.
SpaceShipTwo today undertook its 23rd glide flight in the pre-powered portion of its incremental test flight program.
In the 1989 film classic, Field of Dreams, Ray Kinsella is told, "If you build it, they will come." The developers of Spaceport America have been depending on that idea. So far, it isn't working out.
Many businesses and companies have some sort of reward program for frequenting customers. Virgin Airlines is running a clever little contest rewarding the traveler who racks up enough miles on Virgin flights during the next 12 months a free trip to outer space.
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.
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...