Virgin Galactic Invites Aspiring Astronauts to Take “One Small Step” as Company Experiences Rocketing Global Demand
February 25 2020 - 4:06PM
Business Wire
New US$1,000 Category Moves Registrants to
Front of Line for Future Spaceflight Reservations
Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”
or “the Company”), a vertically integrated aerospace company,
announced today that in preparation for the re-opening of
spaceflight sales, it is introducing the One Small Step initiative.
The company formally closed its doors to new ticket sales after its
history-making first space flight in December 2018.
In addition to more than 600 firm reservations it has already
taken from Future Astronaut customers from 60 countries, Virgin
Galactic has received a consistently high level of interest from
aspiring astronauts. This has resulted in 7,957 online reservation
registrations in the fourteen months since the first spaceflight
and more than double the number the Company last reported
in September 2019.
In light of continuing, strong progress towards commercial
service, Virgin Galactic is now preparing to release its next
tranche of seats for sale to the general public. In the first phase
of that process, the Company will be launching its new One Small
Step qualification process on Wednesday, February 26th, allowing
those who are serious about flying to space, to register now and be
front of line for firm seat reservations, once they become
available.
To take One Small Step, future flyers will pay a fully
refundable deposit of US$1,000 in a simple online registration
process at www.virgingalactic.com/smallstep/
Commenting on the new initiative, Stephen Attenborough, Virgin
Galactic’s Commercial Director said: “We have been greatly
encouraged by the ongoing and increasing demand seen from around
the world for personal spaceflight. One Small Step allows us to
help qualify and build confidence in our direct sales pipeline, as
well as to ensure that those who are most keen to make
reservations, are able to do so at the earliest opportunity”.
Virgin Galactic has not yet announced detailed timing or cost
information in respect of the next set of seats to be released.
When new seats are released by Virgin Galactic, they will be
offered first to Small Step registrants, allowing them to make the
One Giant Leap to a confirmed spaceflight reservation and gain full
membership of the thriving Virgin Galactic Future Astronaut
Community.
About Virgin Galactic Holdings
Virgin Galactic is a vertically integrated aerospace company,
pioneering human spaceflight for private individuals and
researchers, as well as a manufacturer of advanced air and space
vehicles. Using its proprietary and reusable technologies and
supported by a distinctive, Virgin-branded customer experience, it
is developing a spaceflight system designed to offer customers a
unique, multi-day, transformative experience. This culminates in a
spaceflight that includes views of Earth from space and several
minutes of weightlessness that will launch from Spaceport America,
New Mexico. Virgin Galactic and The Spaceship Company believe that
one of the most exciting and significant opportunities of our time
lies in the commercial exploration of space and the development of
technology that will change the way we travel across the globe in
the future. Together we are opening access to space to change the
world for good.
Forward-Looking Statements
This press release contains certain forward-looking statements
within the meaning of federal securities laws. Forward-looking
statements are predictions, projections and other statements about
future events that are based on current expectations and
assumptions and, as a result, are subject to risks and
uncertainties. Many factors could cause actual future events to
differ materially from the forward-looking statements in this
communication. You should carefully consider the risks and
uncertainties described in the “Risk Factors” section of the
registration statement on Form S-4 filed in connection with the
Business Combination and other documents filed by VG from time to
time with the SEC. These filings identify and address other
important risks and uncertainties that could cause actual events
and results to differ materially from those contained in the
forward-looking statements. Forward-looking statements speak only
as of the date they are made. Readers are cautioned not to put
undue reliance on forward-looking statements.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200225006008/en/
For media inquiries please contact:
VirginGalacticPress@virgingalactic.com
UK, Middle East, Asia, Africa – Ollie Bailey-Pratt - +44 (0)203
727 1000 US, Canada, South America, Australia – Antonia Gray - +1
(347) 574-4352 VirginGalacticfin@fticonsulting.com
For Investor Relations inquiries please contact:
VirginGalactic-SVC@SARDVERB.com
Virgin Galactic (NYSE:SPCE)
Historical Stock Chart
From Aug 2024 to Sep 2024
Virgin Galactic (NYSE:SPCE)
Historical Stock Chart
From Sep 2023 to Sep 2024