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Virgin Galactic eyes expansion despite launch delay

Virgin Galactic eyes expansion despite launch delay

Virgin Galactic is poised to roll out SpaceShip III this week, one of two new classes of launch vehicle it is developing to support its long-term goal for multiple spaceports, even as its latest test launch remains delayed and its earnings took a hit last year.Billionaire Richard Branson’s space company said last month it plans to begin ferrying private, paying passengers into space by early 2022, but it reported a net loss of $74m during the fourth quarter and acknowledged its February test flight, which was already a redo of a December launch, faced a months-long delay.Still, Virgin...

March 29, 2021
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