Current:Home > MarketsVirgin Galactic's first commercial flight to space is days away from taking off -InvestTomorrow
Virgin Galactic's first commercial flight to space is days away from taking off
View
Date:2025-04-15 07:46:41
Virgin Galactic's commercial flights to space are getting ready for liftoff. The company announced on Thursday that it's just days away from sending "private astronauts" on its first flight, "Galactic 01" beyond the realms of Earth.
Galactic 01 is expected to fly between June 27 and June 30 with three crew members on board to conduct microgravity research, Virgin Galactic said in an announcement to investors. Those crew members are from the Italian Air Force and the National Research Council.
"With scientific payloads on board, the spaceflight will showcase the value and power of the unique suborbital science lab that Virgin Galactic offers," the company says on its website.
The company's second commercial flight, Galactic 02, is planned to depart just over a month later at the beginning of August. After those two flights, Virgin Galactic said it is hoping to launch commercial spaceflights on a monthly basis. More details on these flights will be announced prior to liftoff. More than 800 tickets for these flights have already been sold, according to the BBC, but it comes at a heavy cost.
Just applying for the opportunity requires a $10,000 temporary credit card authorization, and if you are approved and committed to the flight, there is a $150,000 deposit. Before the flight, participants must pay an additional $300,000 to bring the total cost of spending a few minutes in space to $450,000.
.@VirginGalactic announces the start of commercial spaceflight service with #Galactic01 flight this month. A huge well done to the team, so excited for our astronauts to inspire more people to look to the stars. https://t.co/MDJjwKQj74 pic.twitter.com/9NtxSdDJMo
— Richard Branson (@richardbranson) June 15, 2023
The new venture comes soon after the company successfully launched "Unity," its first crewed flight in two years that took place on a sub-orbital spaceplane.
Starting this commercial flight venture comes amid a space race between Virgin Galactic and Jeff Bezos' Blue Origin, both of which soared to space in the summer of 2021 to ignite excitement. Richard Branson, who owns Virgin Galactic, was one of the few who experienced a launch that summer, when he flew to more than 50 miles above Earth for a weightless view of the planet.
But the commercial flight excitement comes after a bit of a downfall for Branson, who had to file for bankruptcy for his satellite company Virgin Orbit. The firm laid off 85% of its employees and said it was looking for buyers in April, just a few months after an attempt to launch nine satellites ended in failure.
- In:
- Virgin Galactic
- News From Space
- Richard Branson
- Space
Li Cohen is a social media producer and trending content writer for CBS News.
veryGood! (68)
Related
- American news website Axios laying off dozens of employees
- Former Phillies manager Charlie Manuel suffers a stroke in Florida hospital
- McBride and Collier lead Lynx over Sun 82-75 to force a deciding Game 3 in WNBA playoffs
- Christian Coleman wins 100 with a world lead time of 9.83 and Noah Lyles takes second.
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Drew Barrymore Reverses Decision to Bring Back Talk Show Amid Strikes
- Twins manager Rocco Baldelli is going on leave to be with his wife for the birth of twins
- UN nuclear agency slams Iran for barring ‘several’ inspectors from monitoring its program
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- 'Rocky' road: 'Sly' director details revelations from Netflix Sylvester Stallone doc
Ranking
- British swimmer Adam Peaty: There are worms in the food at Paris Olympic Village
- Teyana Taylor and Iman Shumpert Break Up After 7 Years of Marriage
- ‘Nun 2' narrowly edges ‘A Haunting in Venice’ over quiet weekend in movie theaters
- An upsetting Saturday in the SEC? Bold predictions for Week 3 in college football
- Mega Millions winning numbers for August 6 drawing: Jackpot climbs to $398 million
- Minnesota man acquitted of killing 3 people, wounding 2 others in case that turned alibi defense
- Thousands of 3rd graders could be held back under Alabama’s reading law, school chief warns
- When do bird and bat deaths from wind turbines peak? Fatalities studied to reduce harm
Recommendation
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Alabama Barker Shares What She Looks Forward to Most About Gaining a New Sibling
Rapper Flo Rida uses fortune, fame to boost Miami Gardens residents, area where he was raised
Yoga in a basement helps people in a Ukrainian front-line city cope with Russia’s constant shelling
'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
Who is Harrison Mevis? Missouri's 'Thiccer Kicker' nails 61-yarder to beat Kansas State
Hollywood strikes enter a new phase as daytime shows like Drew Barrymore’s return despite pickets
After castigating video games during riots, France’s Macron backpedals and showers them with praise