Virgin Galactic shares pop as company plans to redo spaceflight test as early as Feb. 13

SpaceShipTwo “Unity” on the runway after an aborted spaceflight test on Dec. 12, 2020.

Virgin Galactic

Virgin Galactic is making ready for its subsequent spaceflight try, with the company saying on Monday that it’ll redo its aborted December flight test as early as Feb. 13.

The area tourism company stated that one of many spaceflight checks key aims “will be to test the remedial work that has been completed since … the onboard computer halted ignition of the rocket motor.”

“The team has since conducted the root cause analysis, completed the corrective work required, and carried out extensive ground testing. The next stage will be to assess and verify this work during a rocket-powered flight,” Virgin Galactic stated in a press launch.

Shares of Virgin Galactic rose as a lot as 9% in premarket buying and selling from its earlier shut.

Virgin Galactic can even be aiming for every of the unique aims of the December flight try, “including evaluating elements of the customer cabin, testing the live stream capability from the spaceship to the ground, and assessing the upgraded horizontal stabilizers and flight controls during the boost phase of the flight,” the company stated.

After the flight test, Virgin Galactic stated it is going to “complete an extensive data review” to “inform the next steps in the test flight program.” Prior to the aborted December flight, Virgin Galactic had anticipated to conduct three remaining spaceflight checks earlier than it started industrial flights. The second and third spaceflight checks have been beforehand deliberate for the primary quarter of 2021.

Subscribe to CNBC PRO for unique insights and evaluation, and stay enterprise day programming from world wide.

Source hyperlink

What do you think?

Written by Business Boy


Leave a Reply

Your email address will not be published. Required fields are marked *



Union Budget 2021: BJP leaders hail ‘ahead-wanting’ bulletins; ‘visionless doc’, says Opposition – India News , Firstpost

Udaan and Vedantu backer GGV Capital raises $2.5 billion across four latest funds – Business News , Firstpost