Boeing's Aurora to build Virgin Galactic spaceship carrier plane [Financial Post (Toronto, Ontario, Canada)]
Virgin Galactic Holdings, Inc. (SPCE)
Company Research
Source: Financial Post
Advertisement Virgin Galactic, the space tourism firm founded by billionaire businessman Richard Branson, has been building a more durable, mass-producable successor to its flagship SpaceShipTwo spaceplane, which drops from the underbelly of a carrier plane before rocketing to the edge of space for a few minutes. Aurora, Boeing’s aeronautics and aviation research unit, will build two new carrier planes that will support the SpaceShipTwo craft and its successor, which Virgin Galactic calls Delta-class vehicles. The new carrier planes, called “motherships,” are designed for faster production rates and to fly some 200 flights per year, the company said. Under the agreement, Aurora will deliver parts of the motherships for assembly in 2025, Virgin Galactic said in a statement. (Reporting by Joey Roulette; Editing by Sandra Maler)
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SPCE
News
- Virgin Galactic Stock Has 25% Downside Risk, According to 1 Wall Street Analyst Firm [Yahoo! Finance]Yahoo! Finance
- Virgin Galactic Holdings, Inc. (NYSE: SPCE) had its price target lowered by analysts at Wells Fargo & Company from $1.00 to $0.75. They now have an "underweight" rating on the stock.MarketBeat
- Virgin Galactic Holdings, Inc. (NYSE:SPCE) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Virgin Galactic Holdings, Inc. (NYSE: SPCE) had its price target lowered by analysts at Susquehanna from $2.00 to $1.10. They now have a "neutral" rating on the stock.MarketBeat
- Virgin Galactic to increase flights at Spaceport America [Yahoo! Finance]Yahoo! Finance
SPCE
Earnings
- 5/7/24 - Beat
SPCE
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- 5/7/24 - Form 10-Q
- SPCE's page on the SEC website