Virgin Galactic has approved a reverse stock split intended to boost the company’s stock price and avoid delisting.

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Virgin Galactic’s VSS Unity spaceplane conducted its final commercial mission June 8, taking a Turkish researcher and three private astronauts on a suborbital spaceflight.

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Twenty years ago, SpaceShipOne appeared to open the door to a new spaceflight era. Today, that door is barely ajar.

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Virgin Galactic says it will fly its existing “mothership” aircraft more frequently than previously planned with its upcoming Delta-class suborbital spaceplanes, allowing the company to defer development of a new plane while also dealing with a legal dispute with Boeing.

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Virgin Galactic will ask shareholders to approve a reverse stock split intended to boost the falling share price of the suborbital spaceflight company.

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Virgin Galactic has filed a countersuit against Boeing over a project to develop a new mothership aircraft, arguing in part that Boeing performed poorly.

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Boeing and a subsidiary have filed suit against Virgin Galactic, alleging that the suborbital spaceflight company has refused to pay more than $25 million and misappropriated trade secrets associated with a project to develop a new aircraft.

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Virgin Galactic says it does not expect an investigation into an issue on its most recent suborbital launch to delay its next one as it turns its focus to a new generation of vehicles.

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Virgin Galactic said Feb. 5 it is investigating why a pin fell from the aircraft used by its VSS Unity suborbital spaceplane on its most recent flight last month, adding that the incident did not pose a safety risk to those on board.

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Virgin Galactic conducted its first suborbital mission of 2024 on Jan. 26 as the company prepares end flights of its current spaceplane.

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Virgin Galactic will reduce the frequency of flights of its current suborbital vehicle and stop them entirely by mid-2024 as it concentrates resources on the next generation of vehicles.

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Virgin Galactic said it will lay off staff and cut expenses to conserve resources for its next generation of suborbital spaceplanes.

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Virgin Galactic completed its sixth and final suborbital spaceflight of the year Nov. 2, flying two researchers and a private astronaut.

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Industry officials used a Senate hearing to request reforms to the Federal Aviation Administration’s launch licensing process, warning of dire commercial and geopolitical implications if changes aren’t made.

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Virgin Galactic will conclude its schedule of suborbital spaceflights this year with a mission in early November whose crew will include a longtime advocate of suborbital research.

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Virgin Galactic continued its monthly cadence of commercial suborbital spaceflights Oct. 6, carrying three customers that included the first person from Pakistan to go to space.

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Virgin Galactic performed its third commercial suborbital spaceflight Sept. 8 with three private astronauts on board.

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Virgin Galactic took its first private astronaut customers on a suborbital spaceflight Aug. 10, nearly two decades after it started selling tickets.

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Even as Virgin Galactic enters regular commercial operations of its suborbital spaceplane, it is advising that those flights will generate only modest revenues for the near future.

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As two companies prepare to begin or resume commercial suborbital human spaceflights, they are facing uncertainty about how the safety of the people on those flights will be regulated.

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After nearly two decades of development, Virgin Galactic conducted its first commercial SpaceShipTwo suborbital flight June 29.

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Virgin Galactic is set to conduct its first commercial SpaceShipTwo suborbital spaceflight June 29, one that will demonstrate the readiness of the vehicle for commercial operations as well as its role as a research platform.

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Virgin Galactic plans to conduct its first fully commercial flight of its SpaceShipTwo suborbital spaceplane on June 29, carrying three Italians who will conduct more than a dozen experiments.

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Virgin Galactic announced June 15 that it plans to conduct the first commercial flight of its SpaceShipTwo suborbital vehicle in late June on a mission for the Italian Air Force.

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