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Author Bio Lou has followed the markets for more than two decades, developing extensive contacts including industry leaders, consultants, regulators, and labor representatives. He spends a lot of time these days focused on the industrials and financials. When not arguing on Twitter or writing about the markets, Lou spends his free time out in nature, complaining online about the Baltimore Orioles or Watford FC, or listening to early 1990s alt rock. Follow @louwhiteman Virgin Galactic Holdings (NYSE:SPCE) will resume test flights as soon as May 22, a huge step in the sp...

Shares of Virgin Galactic Holdings (NYSE:SPCE) jumped by nearly 20% at the open on Thursday after the space tourism company said it would resume test flights as soon as Saturday. As of 10 a.m. EDT, the stock was still up by around 13%. So what Virgin Galactic has experienced a lot of turbulence over the past year. The company had originally hoped to begin commercial operations last year, but those plans were foiled by a combination of pandemic-related complications and testing issues. Its shares plunged last week after management warned it was evaluating a new issue that it said could furthe...

Press release content from Business Wire. The AP news staff was not involved in its creation. Virgin Galactic Announces Aerospace Systems and Engineering Leadership Appointments February 25, 2021 GMT LAS CRUCES, N.M.--(BUSINESS WIRE)--Feb 25, 2021-- Virgin Galactic Holdings, Inc. (NYSE: SPCE), a vertically integrated aerospace and space travel company, today announced the appointments of Swami Iyer as its President of Aerospace Systems and Stephen Justice as its Vice President of Engineering. As President of Aerospace Systems, Iyer will lead our extraordinary team of engineers, designers, tec...

The Test Flight on December 12, 2020 'Did Not Reach Space as Planned' Virgin Galactic finally provided an update following its recent test flight on December 12, 2020. During the test flight, the rocket motor did not fire due to the ignition sequence not completing. Following this event, the pilots conducted a safe landing and return to Spaceport America, New Mexico as planned. Virgin Galactic is now conducting post-flight analysis and can so far report that the onboard computer which monitors the propulsion system lost connection, triggering a fail-safe scenario that intentionally halted ign...

| UPDATED: 18:42, Mon, Dec 14, 2020 Link copied Sign up for FREE for the biggest new releases, reviews and tech hacks SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. The Virgin Galactic test flight was aborted on Saturday (December 14) more than nine miles above ground, mere moments after the spaceplane ignited its rocket ...