Virgin Galactic has ceased flying its only space plane. Now what?
This is a bold bet on the future, but it's by no means a certain one.
Virgin Galactic has ceased flying its only space plane. Now what?
This is a bold bet on the future, but it's by no means a certain one.
Here are the basic facts: It took Virgin Galactic two decades to build a single space-worthy spacecraft and make a dozen flights above an altitude of 50 miles (80.5 km). During that time, the company consistently missed its targets for vehicle development and flight cadence. With little revenue to speak of, Virgin Galactic loses hundreds of millions of dollars a year (financial statements can be found here).
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