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Virgin Galactic Holdings, Inc. is a vertically integrated aerospace and space travel company, pioneering human spaceflight for private individuals and researchers, as well as a manufacturer of advanced air and space vehicles. It is developing a spaceflight system designed to offer customers a unique and transformative experience.
Source: AlphaStreet
Virgin Galactic Holdings, Inc. (NYSE: SPCE) Q4 2020 earnings call dated Feb. 25, 2021 Corporate Participants: Seth Zaslow — Vice President of Investor Relations Michael A. Colglazier — Chief Executive Officer Michael P. Moses — President, Space […] The post Virgin Galactic Holdings Inc. (SPCE) Q4 2020 Earnings Call first appeared on AlphaStreet .
Source: Business Insider Markets
Summary List Placement Space transport startup Rocket Lab announced it will go public through a merger with blank-check firm Vector Acquisition Corporation in a deal that will value the combined entity at $4.1 billion. The deal is expected to close in the second quarter. Vector will change its name to Rocket Lab and will trade under Nasdaq ticker symbol RKLB. “In the history of spaceflight, Rocket Lab is one of only two private companies that has delivered regular and reliable access to orbit,” Rocket Lab CEO Peter Beck said in a statement. “This milestone accelerates Rocket Lab’s ability to unlock the full potential of space through our launch and spacecraft platforms and catalyzes our ambition to create a new multi-billion-dollar business vertical in space applications.” Rocket Lab expects to have around $750 million in cash after the deal is completed, which includes up to $320 million from Vector Acquisition’s trust account and around $470 million PIPE (private investment in public equity) of common stock at $10 a share led by Vector Capital, BlackRock, and Neuberger Berman, among others.
Source: Capital Com
The Virgin Galactic share price forecast took a hit after Q4 results but the company can still prove its value by hitting future milestones. Read More…
Source: Boston Herald
Brown University has received more than $20 million over the past two academic years in support of its diversity and inclusion plan, the school said.
Source: News For Forex
Preflight operations underway on the corporate’s SpaceShipTwo automobile Unity and mothership Eve. Virgin Galactic Virgin Galactic shares fell in buying and selling on Friday after the company’s fourth quarter results revealed delays to its check flight program, with the anticipated launch of its industrial service now pushed to 2022. The area tourism firm reported a […]
Source: FXNews24
Virgin Galactic SPCE falls after test delays push back tourism service | UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News
Source: Space.com
Virgin Galactic won’t be launching tourists to space this year after technical tweaks delayed the company’s upcoming test flight by more than two months.
Source: ABC News
Spaceflight company Virgin Galactic has postponed its next mission to space from New Mexico until at least May after a test flight from December was aborted due to computer malfunction
Source: Las Cruces Sun-News
The news came along with changes in Virgin Galactic’s executive team ahead of its quarterly report to investors.
Source: The Street
Virgin Galactic shares are lower as the space-tourism company delays its test flight till May.
