Bonds
2021-11-09
Flying into the space
Virgin Galactic Planning Three Space Flights a Month From 2023
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The company’s spacecraft are dropped from the carrier at about 50,000 feet before igniting a rocket motor and continuing to space.</p>\n<p>The startup’s new VSS Imagine spaceship is to begin flight tests in early 2023 and will be flying twice monthly later that year, joining the current VSS Unity ship, which will fly about once per month, Colglazier said.</p>\n<p>The company, which was founded by British entrepreneur Richard Branson, reported third-quarter results on Monday with sales of $2.6 million topping the consensus forecast of analysts. Virgin Galactic narrowed its net loss to $48 million from $92 million in the same period last year. 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