Virgin Galactic reveals new ship, but it's running out of time and cash
SMRTR summary
Virgin Galactic recently revealed its next-generation spaceship being towed outside its Arizona factory, signaling progress after grounding its VSS Unity spacecraft in June 2024. Founded 22 years ago by Richard Branson, the company completed six spaceflights in 2023 but has struggled to turn suborbital tourism into a profitable business. With dwindling cash and time running out, its future — and the broader space tourism industry's — remains uncertain.
SMRTR provides this summary for quick context. The original article belongs to Ars Technica.
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