Skip to main content

Market Overview

Virgin Galactic Sets Date For 1st Commercial Spaceflight After Long Wait

Share:
Virgin Galactic Sets Date For 1st Commercial Spaceflight After Long Wait

Richard Branson‘s space travel company Virgin Galactic Holdings Inc. (NYSE:SPCE) said it will start commercial spaceflight with Galactic 01, expected to launch on June 29.

What Happened: Virgin Galactic will embark on a research mission for the Italian Air Force as its first commercial mission. The crew includes personnel from the Italian Air Force and the National Research Council of Italy.

Col. Walter Villadei, Lt.Col. Angelo Landolfi, and Pantaleone Carlucci will board VSS Unity for a 90-minute flight and conduct 13 scientific research experiments, Galactic said in a statement. The live stream of the launch will begin at 11:00 am ET on the day of the flight.

In February, the company said that its commercial service launch remains on track for the second quarter of 2023.


Why It Matters: Galactic suspended flights of spaceplane VSS Unity and its carrier plane VMS Eve to make enhancements in 2021 after taking Branson and three other passengers to space in July.

Galactic 01, formerly referred to as Unity 23, was originally scheduled for mid-October 2021 and was rescheduled to allow for the enhancement period.

Galactic’s second commercial spaceflight will be in early August and monthly spaceflights are expected after that, the company said.

Check out more of Benzinga's Future Of Mobility coverage by following this link.

Read More: Musk Teases ‘Slight Possibility’ Of Relocating To Mars Following Starship Progress

Photo courtesy: Virgin Galactic

 

Related Articles (SPCE)

View Comments and Join the Discussion!

Posted-In: mobility Richard Branson SpaceXNews SPACE Top Stories

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com