Mass space tourism is still not yet on the horizon – but the billionaires investing in space travel are helping the planet to tackle the climate crisis.
Virgin Galactic, an aerospace and space travel company, has announced it has signed a long-term lease for a new final assembly manufacturing facility for its next-generation Delta class spaceships. The facility will be capable of producing up to six spaceships per year and will bring hundreds of highly skilled aerospace engineering and manufacturing jobs to the area.
Virgin Galactic has opened ticket sales to the public for the first time, providing an opportunity to purchase a trip to the edge of space. Prices start at US$450,000.
Richard Branson has sold a further 10.4 million shares in Virgin Galactic, worth US$300 million. Funds raised from the transaction will be used by Virgin Group to support other businesses.
Virgin Galactic has opened ticket sales for space flights, with prices starting at US$450,000 a seat. The company confirmed it is making progress toward beginning revenue flights next year.
Virgin Galactic has successfully flown founder Richard Branson into space for the first time. The VSS Unity successfully reached space, completing the fourth rocket-powered spaceflight from the company.
During a test flight, the rocket motor “did not fire due to the ignition sequence not completing”. The pilots conducted a safe landing and return to Spaceport America, New Mexico as planned.
Virgin Galactic, in collaboration with London design agency, Seymourpowell, has striven to remain faithful to tradition by developing an elegant but progressive, experience-focused concept for the cabin of its spaceship.
Virgin Galactic has said it will slowly reopen sales of spaceflights to meet growing demand. The company formally closed its doors to new ticket sales after its first space flight in 2018, having sold around 600 spaces at £250,000 apiece.