richard branson
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Boeing Demands Virgin Galactic Destroy All Data From Its Failed Space Tourism Venture
There’s new drama in the space industry. Boeing filed a lawsuit against Virgin Galactic, accusing it of retaining trade secrets that the two companies had exchanged while working to develop a new mothership, which never came to fruition. On Friday, Boeing asked a federal judge in Alexandria, Virginia, to issue a court order blocking Virgin…
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The Soaring Highs and Stark Lows of Spaceflight in 2023
It’s time to look back at spaceflight in 2023, a real “two steps forward, one step back” kind of year, filled with highs, lows, and everything in between. The New Space Race is in full swing, and with both public and private entities pushing the limits of what’s possible, failures are an inevitability, as is…
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Virgin Galactic Preps for Its Next Tourist Spaceplane…by Laying Off Staff
In an effort to cut cost for the sake of the development of its next generation spaceplane, Virgin Galactic will lay off a number of its employees and save on expenses in hopes of bringing in future profits from its commercial flights. Richard Branson’s private space venture announced on Tuesday a “strategic realignment of the…
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Virgin Galactic’s Space Tourism Flights Won’t Be Bringing in the Dough
Richard Branson’s space tourism venture is set to launch its second commercial trip to suborbital heights in less than two weeks but the company is not too optimistic about the revenue generated by its private orbital tours. During a recent earnings call, the company announced a revenue of $US2 million in the second quarter of…