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Virgin Galactic ($SPCE) Completes First Commercial Flight Propelling Space Exploration

29 June 2023

Virgin Galactic (NYSE: SPCE), a leading aerospace and space travel company, has achieved another significant milestone in commercial space exploration with the successful completion of 'Galactic 01,' their second spaceflight in two months. The mission carried three crew members from the Italian Air Force and the National Research Council of Italy, along with 13 research payloads, enabling valuable scientific experiments in microgravity.

With 'Galactic 02' scheduled for August and monthly flights planned, Virgin Galactic is revolutionizing commercial space exploration, opening new horizons for human presence beyond Earth.

Michael Colglazier, CEO of Virgin Galactic stated: “Today, our team successfully flew 6 people and more than a dozen research payloads to space in VSS Unity, our unique, suborbital science lab. This historic flight was our first commercial flight and our first dedicated commercial research mission - ushering in a new era of repeatable and reliable access to space for private passengers and researchers.” 

Virgin Galactic is an aerospace and space travel company, pioneering human spaceflight for private individuals and researchers with its advanced air and space vehicles. The company is developing a spaceflight system designed to connect the world to the wonder and awe created by space travel and to offer customers a transformative experience.

Shares of Virgin Galactic trade on the NYSE under the ticker symbol SPCE.

 

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