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Stock impact report

Virgin Galactic Begins Operations at Delta Spaceship Ground Testing Facility [Yahoo! Finance]

Virgin Galactic Holdings, Inc. (SPCE) 
Company Research Source: Yahoo! Finance
Delta subsystems begin ground tests ORANGE COUNTY, Calif., May 06, 2024 BUSINESS WIRE )--Virgin Galactic Holdings, Inc. (NYSE: SPCE) ("Virgin Galactic" or the "Company") today announced that it has opened a new system integration facility in Southern California for the Company's Delta Class spaceships. This ground-based test facility, which houses a testing platform known as an "Iron Bird," has begun tests of initial subsystems and will add components over the course of the year to increase its scope and effectiveness. Using an Iron Bird test rig is common practice in aerospace development programs and allows Virgin Galactic to test and verify the operation of dozens of Delta subsystems – including avionics, feather actuation, pneumatics and hydraulics. This strategic investment is an important building block to ensure efficient production and safe operations of the Delta Class spaceships, allowing the team to validate the functionality of components early in the development proc Show less Read more
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