52.5 F
Laguna Hills
Thursday, Dec 12, 2024
-Advertisement-

Virgin Galactic Completes 1st Private Astronaut Mission

More flights in the future

Tustin-based Virgin Galactic (NYSE: SPCE) completed its first private astronaut mission, which soared 55 miles above Earth to the edge of space this morning.

“Galactic 02 was a historic mission which flew the first Olympian, first female astronauts from the Caribbean, and the most women flown to space in a single mission,” the company said in a statement.

Virgin Galactic is counting on more missions for much-needed revenue.

Shares in Virgin Galactic were nearly unchanged at $3.33 apiece for a market cap of $941 million after the flight from the company’s New Mexico launch site.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Kevin Costelloe
Kevin Costelloe
Tech reporter at Orange County Business Journal
-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-
-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-