What’s going on with Virgin Galactic quotes
Recall that the historical maximum for the company’s shares is slightly above $ 60; that is, it is still far from it. The minimum level this year was around $ 14.
According to Finance. Yahoo data analysts recommended “hold” for these shares, 3 “buy” and 1 “confidently buy.”
Virgin Galactic on Saturday made its first successful human-crewed flight from New Mexico to the upper atmosphere of the Earth, where the company plans to take tourists.
High above the desert in a cloudless sky, the VSS Unity suborbital rocket manned spaceplane launched a rocket to send the ship and two pilots into space. A NASASpaceFlight.com live stream showed the boat going up and then confirmed the landing.
Virgin Galactic announced that the VSS Unity shuttle reached three times the speed of sound and reached an altitude of just over 55 miles above sea level before returning to the atmosphere.
British billionaire and Virgin Galactic founder Sir Richard Branson said the flight and landing bring the roughly 15-year-old venture closer to commercial travel for tourists. The company hopes that this can happen next year.
“Today was an incredible step in the right direction,” Branson told The Associated Press shortly after the plane landed. “I was able to test a lot of new systems, and they all worked.”
Virgin Galactic CEO Michael Colgleiser said there are at least two more test flights ahead: the next with four mission specialists in the cabin. Then, a flight to take Branson to the edge of space.
“The flight today was elegant, beautiful,” said Colglazier. – We are going to analyze all the data that we collect on these flights. Observing from the ground and talking to our pilots was great. So now it’s time for us to do it again. “
Virgin Galactic says the flight provided an assessment of upgrades to the horizontal stabilizer, other flight controls, and a suite of cockpit cameras designed to provide live images of the flight to people on the ground. The shuttle also carried a scientific payload in collaboration with NASA’s flight capabilities program.
Preparations for the final flight included a maintenance check on a particular launch aircraft that lifts the six-seat spacecraft to great altitude, where it is released so it can fire its rocket engine and dash into space.
The first test of a launch vehicle in New Mexico from the American cosmodrome has. But, unfortunately, in December 2020, by electromagnetic interference. They prevented the spaceship’s rocket from firing correctly; instead of taking off into space, the ship and two pilots landed immediately.
Virgin Galactic’s share price had surged since the last test last Saturday, but it wasn’t enough to cover the losses seen since its peak in February. In addition, some analysts say it may take some time before the company sees a profit, as there is no clarity about the start of commercial flights.
Virgin Galactic is one of the few companies looking to make money in space tourism.
Elon Musk’s SpaceX is planning a September launch featuring the billionaire and lottery winners. It to by a flight of three businessmen to the International Space Station in January 2022.
Jeff Bezos’ Blue Origin conducted a test launch of the capsule in January. For the preparation of a program for space tourists, scientists, and professional astronauts—the first crewed flight for July 20, the day of Apollo 11 landing on the moon.
Virgin Galactic has already gone into space twice. The first time it was from California in December 2018.
Flights to reach an altitude of at least 50 miles when the rocket engine is off, and the crew prepares to re-enter the atmosphere and land. As part of the return flight, the tail system slows down and stabilizes the ship when it re-enters the atmosphere.
New Mexico taxpayers have invested more than $ 200 million in the spaceport America hangar and launch facility.
