Galactic 01

Virgin Galactic is gearing up to send its first commercial crew to suborbital heights as part of the inaugural mission for the private space tourism venture.Are Big Consumer Facing Tech Companies Redeemable? The first mission, Galactic 01, is set to launch on Thursday at 11:00 a.m. ET from Spaceport America in New Mexico. Virgin Galactic will livestream the liftoff through its website, and you can also tune in to the live action through the feed below.WATCH LIVE: Galactic 01 SpaceflightFor its first fully commercial…

Virgin Galactic, the space tourism firm founded by Richard Branson, said on Thursday its long-awaited commercial spaceflight service would launch later this month, sending its shares up over 55 percent in trading after the bell.The first spaceflight, called "Galactic 01", is planned between June 27 and June 30, the company said."Galactic 02" will follow in early August, with monthly spaceflights expected thereafter, the company said.Shares of Virgin Galactic had lost over two-thirds of their value last year due to delays…

Space tourism company Virgin Galactic announced Monday that it is resuming flights with a mission this month, its first in nearly two years, and the launch of commercial trips in June. The Unity 25 mission will take place in late May with four company employees on board, said Virgin Galactic, which was founded by British billionaire Richard Branson, who took part in the firm's last spaceflight in July 2021. "Unity 25 is the final assessment of the full spaceflight system and astronaut experience before commercial…