Virgin Galactic Completes Fourth Successful Spaceflight in Four Months
September 08 2023 - 12:12PM
Business Wire
Mission Flew Group of ‘Founder’ Astronauts,
Among Virgin Galactic’s First Customers
‘Galactic 04,’ the Company’s Next Commercial
Spaceflight Planned for Early October
Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”
or the “Company”) today announced the completion of its second
private astronaut flight, ‘Galactic 03.’ The mission flew three of
Virgin Galactic’s first customers.
‘Galactic 03’ was Virgin Galactic’s fourth successful
spaceflight in the past four months, and the third flight of Virgin
Galactic’s inaugural commercial spaceflight season. The flight
followed the Company’s first research mission in June and first
private astronaut mission in August.
Onboard ’Galactic 03’:
- Astronaut 014 Ken Baxter from the United States of America
- Astronaut 015 Timothy Nash from South Africa, and British
Citizen
- Astronaut 016 Adrian Reynard from the United Kingdom
Spaceship VSS Unity was piloted by Commander Nicola Pecile and
Pilot Michael Masucci; Chief Astronaut Instructor Beth Moses was
also on board. Mothership VMS Eve was piloted by Commander Jameel
Janjua and Pilot Kelly Latimer.
‘Galactic 03’ in-flight facts:
- Take-off Time: 8:34 AM MT
- Altitude at Release: 44,867 feet
- Apogee: 55 miles
- Top Speed: Mach 2.95
- Landing Time: 9:36 AM MT
Michael Colglazier, CEO of Virgin Galactic, said: “What a
thrilling day for our three new private astronauts and the entire
team at Virgin Galactic. It’s an honor to see our ‘Galactic 03’
crew realize their lifelong dreams of spaceflight as they inspire
our manifest of Future Astronauts. Each successful flight shows how
powerful and personally transformative space travel can be, and we
look forward to scaling our operations and making space travel more
accessible to people around the world.”
The Company will now proceed with post-flight inspections and
analysis in preparation for the next commercial space mission,
‘Galactic 04,’ which is planned for early October.
Press materials may be accessed via the newly launched Virgin
Galactic Newsroom at https://press.virgingalactic.com,
including:
- Full catalog of hi-res imagery and b-roll from all flights
- Pilot bios
About Virgin Galactic
Virgin Galactic is an aerospace and space travel company,
pioneering human spaceflight for private individuals and
researchers with its advanced air and space vehicles. It has
developed a spaceflight system designed to connect the world to the
love, wonder and awe created by space travel and to offer customers
a transformative experience. You can find more information at
https://www.virgingalactic.com/.
Forward-Looking Statements
This press release contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. We intend such forward-looking statements to be covered by
the safe harbor provisions for forward looking statements contained
in Section 27A of the Securities Act of 1933, as amended (the
“Securities Act”) and Section 21E of the Securities Exchange Act of
1934, as amended (the “Exchange Act”). All statements contained in
this press release other than statements of historical fact,
including, without limitation, statements regarding our spaceflight
systems, scaling of operations, expected flight schedule and window
and repeatable access to space are forward-looking statements. The
words “believe,” “may,” “will,” “estimate,” “potential,”
“continue,” “anticipate,” “intend,” “expect,” “strategy,” “future,”
“could,” “would,” “project,” “plan,” “target,” and similar
expressions are intended to identify forward-looking statements,
though not all forward-looking statements use these words or
expressions. These statements are neither promises nor guarantees,
but involve known and unknown risks, uncertainties and other
important factors that may cause our actual results, performance or
achievements to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements, including but not limited to the
factors, risks and uncertainties included in our Annual Report on
Form 10-K for the fiscal year ended December 31, 2022, as such
factors may be updated from time to time in our other filings with
the Securities and Exchange Commission (the “SEC”), accessible on
the SEC’s website at www.sec.gov and the Investor Relations section
of our website at www.virgingalactic.com, which could cause our
actual results to differ materially from those indicated by the
forward-looking statements made in this press release. Any such
forward-looking statements represent management’s estimates as of
the date of this press release. While we may elect to update such
forward-looking statements at some point in the future, we disclaim
any obligation to do so, even if subsequent events cause our views
to change.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20230908811356/en/
For media inquiries: Aleanna Crane – Vice President,
Communications news@virgingalactic.com 575.800.4422 Jeff Michael –
Communications news@virgingalactic.com 661.754.4300 For investor
inquiries: Eric Cerny – Vice President, Investor Relations
vg-ir@virgingalactic.com 949.774.7637
Virgin Galactic (NYSE:SPCE)
Historical Stock Chart
From Apr 2024 to May 2024
Virgin Galactic (NYSE:SPCE)
Historical Stock Chart
From May 2023 to May 2024