Virgin Galactic looks to raise money to help boost next-generation spaceflight fleet [Yahoo! Finance]
Virgin Galactic Holdings, Inc. (SPCE)
Company Research
Source: Yahoo! Finance
next-generation spaceflight fleet, which is expected to take more frequent trips to suborbit. In announcing the news, company officials also held a third-quarter earnings call that touched on the Virgin Galactic's progress in building out its fleet, which could include up to four ships and an additional mothership to go along with the VMS Eve. "Taking advantage of the flight capacity provided by a third and fourth spaceship requires the addition of a second mothership. With the strong progress made on the Delta program, we now have the engineering capacity to pick up the design work on a second mothership," said Virgin Galactic CEO Michael Colglazier. "This additional mothership and two additional spaceships are the keys to unlocking substantial economic expansion." The company's revenue for the third quarter, $402,000, fell below the $2.2 million estimates of analysts — the slowest quarter this year for Virgin Galactic, which posted revenue of $4million in the second quarter an
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SPCE
Earnings
- 11/6/24 - Beat
SPCE
Sec Filings
- 11/12/24 - Form SC
- 11/12/24 - Form SC
- 11/7/24 - Form 8-K
- SPCE's page on the SEC website