Virgin Galactic’s CEO Michael Colglazier has told shareholders the company will be a powerhouse in space travel, despite reporting a net loss of US$84 million in Q1 2024.

After a series of successful commercial spaceflights in 2023 and earlier this year, Virgin Galactic is proudly boasting that it’s operation now accounts for about 5% of the very small number of people who have ever been into space.

Virgin Galactic completed its 12th mission to date last weekend, carrying one researcher and three private astronauts.

Virgin Galactic will look to reignite its commercial spaceflight operations next month, announcing plans for hybrid research/private astronaut crew for ‘Galactic 07’.

Virgin Galactic has confirmed plans to launch its next spaceflight, ‘Galactic 06’, on or around 26 January 2024. The upcoming spaceflight comes after the listed company successfully operated six suborbital flights in six months this year, the latest being in early November which carried three customers, only one of which was a private astronaut.

Virgin Galactic has revealed the identity of the first three private passengers it plans to take aboard spaceflight ‘Galactic 02’ in early August 2023.

Virgin Galactic successfully completed its latest test mission to space with a full crew from Spaceport America on Thursday (US time), as had been scheduled last week.

Virgin Galactic’s maiden commercial service – earmarked to operate next month – has been given the rather non-original flight name of ‘Galactic 01’.

Virgin Galactic has edged closer again to commencing commercial operations, yesterday [26 April 2023] performing a glide flight of VSS Unity from Spaceport America.

Virgin Galactic’s CEO Michael Colglazier says the company’s highly-anticipated and long-awaited vision of taking passengers into space is on schedule for lift-off in the near future.

Virgin Galactic has confirmed yet another delay for its first commercial space flight, pushed back at least three months until Q1 2023.

Virgin Galactic has sold a further 100-odd seats to space on VSS Unity since re-opening bookings in August of this year.