Current:Home > StocksVirgin Galactic's first commercial flight to space is days away from taking off -FundSphere
Virgin Galactic's first commercial flight to space is days away from taking off
View
Date:2025-04-17 05:49:10
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! (78)
Related
- Messi injury update: Ankle 'better every day' but Inter Miami star yet to play Leagues Cup
- Prime Minister Justin Trudeau slams Facebook for blocking Canada wildfire news
- Sarah Hyland and Wells Adams Celebrate First Wedding Anniversary With Swoon-Worthy Tributes
- RHOA Shocker: One Housewife's Ex Reveals He's Had a Secret Child for 26 Years
- How breaking emerged from battles in the burning Bronx to the Paris Olympics stage
- Russian space agency chief blames decades of inactivity for Luna-25 lander’s crash on the moon
- Ecuadorians reject oil drilling in the Amazon in historic decision
- Kate Spade 24-Hour Flash Deal: Get This $300 Crossbody Bag for Just $89
- The Daily Money: Disney+ wants your dollars
- These 5 things can make or break your ability to build wealth
Ranking
- 'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
- Will MLB place Rays star Wander Franco on administrative leave? Decision could come Monday
- Stock market today: Asian stocks mixed as traders await Fed conference for interest rate update
- SpaceX launch livestream: Watch 21 Starlink satellites lift off from California
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- 3 deaths linked to listeria in milkshakes sold at Washington restaurant
- Blac Chyna Shows Off Fitness Transformation Amid New Chapter
- A right-wing sheriffs group that challenges federal law is gaining acceptance around the country
Recommendation
Plunge Into These Olympic Artistic Swimmers’ Hair and Makeup Secrets
3 dead, 6 wounded in Seattle hookah lounge shooting; no word on suspects
'Strays' leads the pack for R-rated dog comedies
'Struggler' is Genesis Owusu's bold follow-up to his hit debut album
'Most Whopper
WWDTM: 25th Year Spectacular Part VI!
A salmonella outbreak is being linked to pet turtles
Michael Jackson accusers' sexual abuse lawsuits revived by California appeals court