Virgin Galactic

Virgin Galactic Reports Inducement Awards Under NYSE Listing Rule 303A.08

Retrieved on: 
Thursday, March 14, 2024
Satellite, Internet, Hardware, Engineering, Technology, Aerospace, Manufacturing, Mobile, Wireless, Employment, Compensated emancipation, Virgin Galactic

Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic’s Board of Directors approved the grants of time-based inducement restricted stock unit awards covering an aggregate of 46,225 shares of Virgin Galactic common stock to two new non-executive employees, each effective March 15, 2024.

Key Points: 
  • Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic’s Board of Directors approved the grants of time-based inducement restricted stock unit awards covering an aggregate of 46,225 shares of Virgin Galactic common stock to two new non-executive employees, each effective March 15, 2024.
  • The awards were granted under Virgin Galactic’s 2023 Employment Inducement Incentive Award Plan, which provides for the granting of equity awards to new employees of Virgin Galactic.
  • The restricted stock unit awards will vest over a four-year period: 25% of the underlying shares will vest on the first anniversary of the grant date and the remaining 75% of the shares will vest over the remaining 12 quarters, subject to continued service.
  • The awards were granted as an inducement material to the new employees entering into employment with Virgin Galactic, in accordance with NYSE Listing Rule 303A.08.

Virgin Galactic Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

Retrieved on: 
Tuesday, February 27, 2024
Aerospace, Manufacturing, Virgin Galactic, Astronaut, Growth, Delta class, ID, GAAP, Webcast, Public expenditure, Video game

Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced its financial results for the fourth quarter and full year ended December 31, 2023 and provided a business update.

Key Points: 
  • Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced its financial results for the fourth quarter and full year ended December 31, 2023 and provided a business update.
  • GAAP total operating expenses of $117 million, compared to $154 million in the fourth quarter of 2022.
  • Non-GAAP total operating expenses of $100 million in the fourth quarter of 2023, compared to $140 million in the fourth quarter of 2022.
  • Net cash used in operating activities totaled $95 million, compared to $131 million in the fourth quarter of 2022.

SPACE PERSPECTIVE UNVEILS THE FUTURE OF HUMAN SPACE TRAVEL

Retrieved on: 
Tuesday, February 20, 2024
Virgin Galactic, Excelsior, Blue field entoptic phenomenon, Voyager 1, Space Coast, Entrepreneurship, Investment, NASA, CAPE, Eye, SpaceX Dragon 2, Carbon, Safety, New Shepard, MacCallum, Human, Neptune, SpaceX, Patent, Non-governmental organization, Spacecraft, Space Shuttle, Sunlight, Exploration, Wi-Fi, Software, Pale Blue Dot, Space, Travel

CAPE CANAVERAL, Fla., Feb. 20, 2024 /PRNewswire/ -- Space Perspective, the world's first carbon-neutral spaceflight experience company, released images of its completed test capsule today. With its first SpaceBalloon finished and its launch vessel, Marine Spaceport Voyager, in its final stage of preparation, Space Perspective is beginning to eye its test flights window.

Key Points: 
  • "The space capsule is like nothing the world has ever seen," said MacCallum, who is also Space Perspective's CTO, noting the capsule's massive windows, iconic design, and spacious interior.
  • We are redefining the category and paving the way for accessible space travel for years to come."
  • Space Perspective also long considered repeated vertical windows, which allow for contiguous panoramic views (vs. horizontal windows, which would bifurcate the view to the human eye – a phenomenon resulting from stereoscopic vision).
  • Space Perspective is on a mission to bring more humans to space than ever before.

VIRGIN GALACTIC ALERT: Bragar Eagel & Squire, P.C. is Investigating Virgin Galactic Holdings, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Friday, February 16, 2024
Virgin Galactic, News, Telephone, P.C, Cryptocurrency

NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Virgin Galactic Holdings, Inc. (NYSE: SPCE) on behalf of long-term stockholders of Virgin Galactic.

Key Points: 
  • NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Virgin Galactic Holdings, Inc. (NYSE: SPCE) on behalf of long-term stockholders of Virgin Galactic.
  • Our investigation concerns whether the board of directors of Virgin Galactic have breached their fiduciary duties to the company.
  • On this news, Virgin Galactic’s stock price fell $1.17 per share, or 12.42%, to close at $8.25 per share on March 3, 2022.
  • There is no cost or obligation to you.

Virgin Galactic Announces Date of Fourth Quarter and Full Year 2023 Financial Results and Conference Call

Retrieved on: 
Tuesday, February 13, 2024
Air, Transport, Aerospace, Manufacturing, Virgin Galactic

Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced that it will report its financial results for the fourth quarter and full year of 2023 following the close of the U.S. markets on Tuesday, February 27, 2024.

Key Points: 
  • Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced that it will report its financial results for the fourth quarter and full year of 2023 following the close of the U.S. markets on Tuesday, February 27, 2024.
  • Virgin Galactic will host a conference call to discuss the results that day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).

Colonel Chris Hadfield Joins Celestial As Technical Advisor

Retrieved on: 
Thursday, February 8, 2024
Royal Canadian Air Force, International Space Station, United States Air Force, Corporation, Virgin Galactic, Shuttle, Soyuz, Colonization of the Moon, SpaceX, Space technology, United States Navy, TSX Venture Exchange, NASA, Kepler Communications, Management

TORONTO, Feb. 8, 2024 /PRNewswire/ - Celestial Acquisition Corp. (TSXV: CES.P) ("Celestial" or, the "Corporation"), the first Space Technology focused capital pool company to list on the TSX Venture Exchange, is thrilled to announce the appointment of distinguished astronaut, engineer and space business entrepreneur Col. Chris Hadfield as technical advisor to Celestial.

Key Points: 
  • TORONTO, Feb. 8, 2024 /PRNewswire/ - Celestial Acquisition Corp. (TSXV: CES.P) ("Celestial" or, the "Corporation"), the first Space Technology focused capital pool company to list on the TSX Venture Exchange, is thrilled to announce the appointment of distinguished astronaut, engineer and space business entrepreneur Col. Chris Hadfield as technical advisor to Celestial.
  • We are tremendously pleased that Chris has decided to join our team and are thrilled to be working with him," said Jared Bottoms, Chief Executive Officer of Celestial, and Director of Advanced Programs & Strategy at Kepler Communications.
  • "It is a pivotal time in the space industry, with radically decreasing launch costs and multi-layered space business opportunities.
  • I'm very pleased to be working with Celestial to help new space companies grow and succeed in Canada," said Colonel Hadfield.

Virgin Galactic Reports Flight Issue to FAA

Retrieved on: 
Monday, February 5, 2024
Other Transport, Air, Transportation, Transport, Travel, Federal Aviation Administration, Virgin Galactic, VMS Eve, Safety, Airline

Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the “Company” or “Virgin Galactic”) today announced that during routine post-flight reviews following its most recent spaceflight, ‘Galactic 06,’ the Company became aware that an alignment pin detached from the launch pylon of our mothership, VMS Eve, during flight.

Key Points: 
  • Virgin Galactic Holdings, Inc. (NYSE: SPCE) (the “Company” or “Virgin Galactic”) today announced that during routine post-flight reviews following its most recent spaceflight, ‘Galactic 06,’ the Company became aware that an alignment pin detached from the launch pylon of our mothership, VMS Eve, during flight.
  • The Company notified the Federal Aviation Administration (FAA) on January 31 in accordance with regulations and is conducting a review in conjunction with the FAA.
  • ‘Galactic 06’ was a safe and successful flight that was conducted in accordance with Virgin Galactic’s rigorous flight procedures and protocols.
  • Virgin Galactic will provide a further update at the completion of the review and will confirm the flight window for the ‘Galactic 07’ mission, which is planned for the second quarter of 2024.

Virgin Galactic Completes 11th Successful Spaceflight

Retrieved on: 
Friday, January 26, 2024
Air, Transport, Aerospace, Manufacturing, Astronaut, Virgin Galactic, VMS Eve, VSS Unity, VMS, VSS, Thermoplastic

Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the “Company”) today announced the completion of its first spaceflight of 2024 and 11th mission to date.

Key Points: 
  • Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the “Company”) today announced the completion of its first spaceflight of 2024 and 11th mission to date.
  • Today’s ‘Galactic 06’ flight marked the first time all four seats aboard VSS Unity were occupied by private astronauts.
  • Michael Colglazier, CEO of Virgin Galactic, said: “Today the incredible team at Virgin Galactic supported another successful mission and delivered an unforgettable experience for four new astronauts.
  • Press materials may be accessed via the Virgin Galactic Newsroom at https://press.virgingalactic.com , including:

Axiom Space Celebrates Arrival of Ax-3 crew to International Space Station

Retrieved on: 
Monday, January 22, 2024
International Space Station, ISS, Virgin Galactic, Axiom Space, Life, Axiom Orbital Segment, Science, ESA, History, NASA, Astronaut, Kennedy Space Center, SpaceX Dragon, Australian Space Agency, Commander, News, Axiom Mission 3, European Space Agency, Communications satellite

HOUSTON, Jan. 22, 2024 /PRNewswire/ -- Axiom Space's Axiom Mission 3 (Ax-3) , the first all-European commercial astronaut mission to the International Space Station (ISS), successfully reached their destination and will begin their planned 14-day mission on the orbiting laboratory.

Key Points: 
  • HOUSTON, Jan. 22, 2024 /PRNewswire/ -- Axiom Space's Axiom Mission 3 (Ax-3) , the first all-European commercial astronaut mission to the International Space Station (ISS), successfully reached their destination and will begin their planned 14-day mission on the orbiting laboratory.
  • I think this the first time in the history of the space station that we have five Europeans onboard at the same time."
  • During their time aboard the space station, the Ax-3 crew will conduct a diverse array of over 30 experiments spanning various fields in science and technology.
  • Ax-3 stands as the third among multiple proposed Axiom Space human spaceflight missions, laying the groundwork for Axiom Station, which is set to become the world's first commercial space station.

Wanda Austin to join Apple’s board of directors

Retrieved on: 
Thursday, January 11, 2024
Consumer Electronics, Technology, Mobile, Wireless, Software, Wearables, Mobile Technology, Hardware, MacOS, Apple Inc., App Store (iOS/iPadOS), The Aerospace Corporation, Virgin Galactic, Apple Music, Privacy, African Americans, Apple Pay, Mac, Mathematics, Policy, STEM, Science, Franklin & Marshall College, Name, TvOS, University, Apple TV, Environment, Marshall College, ICloud, Mac (computer), Apple Watch, IPadOS, Doctor of Philosophy, IPad, IOS, Education, IPhone, Management

Apple® today announced Dr. Wanda Austin, former president and CEO of The Aerospace Corporation, has been nominated for election to Apple’s board of directors.

Key Points: 
  • Apple® today announced Dr. Wanda Austin, former president and CEO of The Aerospace Corporation, has been nominated for election to Apple’s board of directors.
  • “Wanda has spent decades advancing technology on behalf of humanity, and we’re thrilled to welcome her to Apple’s board of directors,” said Tim Cook, Apple’s CEO.
  • “I’m honored to join Apple’s board of directors, and I look forward to being part of a company that’s always creating new ways to empower people all over the world.”
    The board has a longstanding policy that directors generally may not stand for reelection after reaching age 75.
  • She serves on the board of Amgen, and also serves on the board of Chevron, where she is the lead independent director.