December 29, 2014 2:42 AM ET

Aerospace and Defense

Company Overview of Virgin Galactic, LLC

Company Overview

Virgin Galactic, LLC provides commercial spaceline services. It provides SpaceShipTwo, a spaceship; WhiteKnightTwo, a carrier craft; and LauncherOne, an orbital launch vehicle for small satellites. The company was founded in 2004 and is based in New York, New York with additional offices in Las Cruces, New York, London, Mojave, Pasadena, and Washington, D.C. Virgin Galactic, LLC operates as a subsidiary of Virgin Group Ltd.

65 Bleecker Street

6th Floor

New York, NY 10012

United States

Founded in 2004

Phone:

212-497-9050

Fax:

212-497-9051

Key Executives for Virgin Galactic, LLC

Chief Executive Officer
Founder
Age: 64
Chief Financial Officer
Age: 52
Vice President of Operations
Compensation as of Fiscal Year 2014.

Virgin Galactic, LLC Key Developments

Northrop Grumman, Scaled Composites and Virgin Galactic Are Developing Xs-1 Experimental Spaceplane Design for DARPA

Northrop Grumman Corporation announced that with Scaled Composites and Virgin Galactic it is developing a preliminary design and flight demonstration plan for the Defense Advanced Research Projects Agency's (DARPA) Experimental Spaceplane XS-1 program. Northrop Grumman Corporation announced that with Scaled Composites and Virgin Galactic it is developing a preliminary design and flight demonstration plan for the Defense Advanced Research Projects Agency's (DARPA) Experimental Spaceplane XS-1 program. The company is defining its concept for XS-1 under a 13-month, phase one contract valued at $3.9 million. In addition to low-cost launch, the XS-1 would serve as a test-bed for a new generation of hypersonic aircraft. A key program goal is to fly 10 times in 10 days using a minimal ground crew and infrastructure. Reusable aircraft-like operations would help reduce military and commercial light spacecraft launch costs by a factor of 10 from current launch costs in this payload class. To complement its aircraft, spacecraft and autonomous systems capabilities, Northrop Grumman has teamed with Scaled Composites of Mojave, which will lead fabrication and assembly, and Virgin Galactic, which will head commercial spaceplane operations and transition. The design would be built around operability and affordability, emphasizing aircraft-like operations including: Clean pad launch using a transporter erector launcher, minimal infrastructure and ground crew; Highly autonomous flight operations that leverage Northrop Grumman's unmanned aircraft systems experience; and Aircraft-like horizontal landing and recovery on standard runways.

Virgin Galactic, LLC Presents at 16th Annual Pacific Crest Global Technology Leadership Forum, Aug-10-2014

Virgin Galactic, LLC Presents at 16th Annual Pacific Crest Global Technology Leadership Forum, Aug-10-2014 . Venue: The Sonnenalp Hotel, 20 Vail Road, Vail, CO 81657, United States.

Google In Talks To Take Stake On Virgin Galactic

Google Inc. (NasdaqGS:GOOGL) is said to be in advanced talks to take a $30 million minority stake in Virgin Galactic, LLC. Google's investment would value Virgin Galactic at about $2 billion, according to Sky News. Google will contribute hundreds of millions of dollars to a joint venture with Richard Branson's space tourism company.

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