Virgin Galactic seeks to raise money to accelerate growth of spaceplane fleet
Top Stories

Virgin Galactic seeks to raise money to accelerate growth of spaceplane fleet

Top Stories Tamfitronics VMS Eve, Virgin Galactic's mothership aircraft used by its suborbital spaceplanes. The company is looking to raise $300 million that will mostly be used to develop a second mothership plane. Credit: Virgin GalacticWASHINGTON — Virgin Galactic is proposing to raise $300 million in additional capital to accelerate production of suborbital spaceplanes and a mothership aircraft the company says can fuel its long-term growth.In a Nov. 6 earnings call to discuss the suborbital spaceflight company’s third quarter financial results, Virgin Galactic executives said that while work on the first two Delta-class spaceplanes remains on budget and schedule, they see an opportunity to raise money to add vehicles to the fleet sooner that previously planned.“We have an exciting opportunity to captures economies of scale from our existing investments,” Michael Colglazier, chief executive of Virgin...
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Galactic penguin honors the 2nd anniversary of James Webb Space Telescope’s 1st images
Science & Technology

Galactic penguin honors the 2nd anniversary of James Webb Space Telescope’s 1st images

NASA Space Technology To celebrate two years since the James Webb Space Telescope (JWST) started sending images back to Earth, NASA has released yet another stunning image taken by the revolutionary space telescope.The second-anniversary JWST image shows two interacting galaxies that make up a single object called Arp 142, which appears like a cosmic penguin with its cosmic egg. Fittingly for a celebration of the JWST's two years of science results, the new image is a two-for-two. Arp 142's Penguin and Egg scene comprises two interacting galaxies located around 326 million light-years from Earth in the constellation of Hydra. It has been observed before, but never in as much detail as this view from the JWST has allowed.Related: James Webb Space Telescope sees an ancient black hole dance with colliding galaxiesThe distorted spiral galaxy at center,...
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