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Virgin Galactic Starts Forking Out Rent For Spaceport
2013-01-29 13:48:54

Lee Rannals for redOrbit.com - Your Universe Online Virgin Galactic is begrudgingly agreeing to pay New Mexico rent on the spaceport the state built for Richard Brandon's space tourism business, according to a report by The Associated Press (AP). The report said that Virgin Galactic wrote to the New Mexico Spaceport Authority that it does not believe the state has finished the work necessary to trigger activation of its $1 million annual rental obligation. Virgin also said that if the...

Spaceport Liability Coverage An Issue With Virgin Galactic
2013-01-14 03:50:53

redOrbit Staff & Wire Reports - Your Universe Online 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. According to Edward Helmore of The Guardian, Sir Richard Branson´s space tourism company has been displeased with state lawmakers failure to grant the extension. New Mexico...


Latest Virgin Group Reference Libraries

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
Cthulhu
  • A gigantic fictional humanoid alien god being described with a head resembling an octopus and dragon wings and claws, around whom an insane cult developed.
  • Pertaining to the mythos of Cthulhu and additional otherworldly beings created by H. P. Lovecraft or inspired by his writings and imitators.
This word was invented in 1926 by H.P. Lovecraft for his short story, 'The Call of Cthulhu.' 'Cthulhu' may be based on the word 'chthonic,' which in Greek mythology refers to the underworld.
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