Space tourism company Virgin Galactic Holdings in Tustin said it has completed one of the final steps before the planned start of commercial operations.
The company said in a statement earlier this week the successful glide flight “closes out the final validation test points” in addition to data previously collected.
Virgin Galactic, founded by U.K. entrepreneur Richard Branson, says it is on schedule to launch operations by the end of June.
Shares in Virgin Galactic rose 2.9% today to $3.61 apiece for a market cap of just over $1 billion.
