Current:Home > StocksVirgin Galactic's first commercial flight to space is days away from taking off -Horizon Finance School
Virgin Galactic's first commercial flight to space is days away from taking off
View
Date:2025-04-14 11:11:57
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! (86598)
Related
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Video game trailer reveal for 'Call of Duty: Modern Warfare III', out Nov. 10
- Isabel Cañas' 'Vampires of El Norte' elegantly navigates a multiplicity of genres
- Pink Shows Support for Britney Spears Amid Sam Asghari Divorce
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- US, Japan and South Korea boosting mutual security commitments over objections of Beijing
- Top 10 deadliest hurricanes in U.S. history
- 'Vanderpump Rules' star Raquel Leviss says she has a 'love addiction.' Is it a real thing?
- See you latte: Starbucks plans to cut 30% of its menu
- Michael Oher, Tuohy family at odds over legal petition, 'Blind Side' money: What we know
Ranking
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- Thousands flee raging wildfire, turning capital of Canada’s Northwest Territories into ghost town
- 'Vanderpump Rules' star Raquel Leviss says she has a 'love addiction.' Is it a real thing?
- QB Derek Carr is still ‘adjusting’ to New Orleans Saints, but he's feeling rejuvenated
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Retiring abroad? How that could impact your Social Security.
- 'Lolita the whale' made famous by her five decades in captivity, dies before being freed
- Connecticut man convicted of killing roommate with samurai-like sword after rent quarrel
Recommendation
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Uber, Lyft say they'll leave Minneapolis if rideshare minimum wage ordinance passes. Here's why.
Small Kansas paper raided by police has a history of hard-hitting reporting
Leading politician says victory for Niger’s coup leaders would be ‘the end of democracy’ in Africa
FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
How to treat dehydration: What to do if you are dehydrated, according to an expert
'This is a nightmare': Pennsylvania house explosion victims revealed, remembered by family, friends
Tornado spotted in Rhode Island as thunderstorms move through New England