General presentation of Virgin Galactic
To become a good trader by investing in the Virgin Galactic share price, you also need to know the company and its business segments perfectly. Here you'll find a more detailed presentation of it to help you seize the opportunities and challenges for the future.
The Virgin Galactic Holding Inc. group is an American company that was formerly known as Social Capital Hedosophia Holding Corp and which specializes in the aerospace industry. More specifically, the company offers manned space flight services to both wealthy individuals and researchers.
Virgin Galactic is currently focusing its efforts on the development of a space flight system aimed at offering its customers a multi-day experience with, as a highlight, a space flight that includes several minutes of weightlessness and views of Earth from space.
The group also has an aerospace development subsidiary called The Spaceship Company LLC, through which it manufactures space vehicles. It's based in California. The company's flight system is made up of three major components including a carrier plane called WhiteKnightTwo, a spacecraft called SpaceShipTwo and a hybrid rocket engine. Its spacecraft is capable of transporting pilots or customers and other payloads into space and then bringing them back to Earth. The carrier aircraft used is a double fuselage aircraft which was designed to transport the SpaceShipTwo to an altitude of approximately 45,000 feet from which the spacecraft is released for its flight into space.
The Virgin Galactic group belongs to the parent company Virgin and employs almost 906 people.
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