Virgin Galactic shared a new photo of its next-generation spaceship being towed outside its factory in Mesa, Arizona, as the company says it is running out of time and cash. [1]
The publicly traded spaceflight company was founded by Sir Richard Branson in 2004 to sell space tourism. It reached outer space in December 2018 and began flying passengers in May 2021 with VSS Unity. [1]
Virgin Galactic completed 6 spaceflights in 2023. It stopped flying VSS Unity in June 2024 so it could focus on developing the next-generation vehicle now shown in the image. [1]
The company has described outer space as 80 km and above, and the new photo suggests work on the replacement craft is still under way. [1]
Virgin Galactic posted the image on Thursday, keeping attention on the new spaceship while it works through a strained financial position. [1]
