Current:Home > reviewsVirgin Galactic's first commercial flight to space is days away from taking off -MoneyStream
Virgin Galactic's first commercial flight to space is days away from taking off
View
Date:2025-04-14 20:10:50
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! (785)
Related
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Garrison Brown's older brother Hunter breaks silence on death, Meri discusses grief
- Suspect in 3 Pennsylvania killings makes initial court appearance on related New Jersey charges
- Warriors’ Draymond Green is ejected less than 4 minutes into game against Magic
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Why Vanderpump Villa's Marciano Brunette Calls Himself Jax Taylor 2.0
- Former Child Star Frankie Muniz's Multi-Million Dollar Net Worth May Surprise You
- Judge imposes gag order on Trump in New York hush money case
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Biden administration will lend $1.5B to restart Michigan nuclear power plant, a first in the US
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- When is the 2024 total solar eclipse? Your guide to glasses, forecast, where to watch.
- Who are the victims in Baltimore's Francis Scott Key Bridge collapse? What we know about those missing and presumed dead
- New York’s state budget expected to be late as housing, education negotiations continue
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Garrison Brown's older brother Hunter breaks silence on death, Meri discusses grief
- A solution to the retirement crisis? Americans should work for more years, BlackRock CEO says
- Subaru recalls 118,000 vehicles due to airbag issue: Here's which models are affected
Recommendation
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
What we know about the Moscow concert hall attack claimed by ISIS in Russia
Jill Biden wrote children’s book about her White House cat, Willow, that will be published in June
Suspect in 3 Pennsylvania killings makes initial court appearance on related New Jersey charges
The Best Stocking Stuffers Under $25
House of Villains Season 2 Cast Revealed: Teresa Giudice, Richard Hatch and More
The small city of Bristol is now the frontline of the abortion debate | The Excerpt
Missouri boarding school closes as state agency examines how it responded to abuse claims