Virgin Galactic

‘Galactic 07’ Mission Launch Window Opens June 8

Retrieved on: 
Wednesday, May 1, 2024

Virgin Galactic Holdings, Inc. (NYSE: SPCE) today announced the ‘Galactic 07’ flight window will open Saturday, June 8, 2024.

Key Points: 
  • Virgin Galactic Holdings, Inc. (NYSE: SPCE) today announced the ‘Galactic 07’ flight window will open Saturday, June 8, 2024.
  • In addition, Purdue University and UC Berkeley will have autonomous payloads on board, supported by NASA’s Flight Opportunities program .
  • This mission showcases Virgin Galactic’s ability to provide a flexible microgravity research platform, benefiting further space exploration initiatives as well as innovations on Earth.
  • “Discovery and innovation are central to our mission at Virgin Galactic.

Virgin Galactic Announces Date of First Quarter 2024 Financial Results and Conference Call

Retrieved on: 
Tuesday, April 23, 2024

Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced that it will report its financial results for the first quarter 2024 following the close of the U.S. markets on Tuesday, May 7, 2024.

Key Points: 
  • Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced that it will report its financial results for the first quarter 2024 following the close of the U.S. markets on Tuesday, May 7, 2024.
  • Virgin Galactic will host a conference call to discuss the results that day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).

Virgin Galactic Reports Inducement Award Under NYSE Listing Rule 303A.08

Retrieved on: 
Monday, April 15, 2024

Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic’s Board of Directors approved the grant of time-based inducement restricted stock unit awards of 23,946 shares of Virgin Galactic common stock to one new non-executive employee, effective April 15, 2024.

Key Points: 
  • Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic’s Board of Directors approved the grant of time-based inducement restricted stock unit awards of 23,946 shares of Virgin Galactic common stock to one new non-executive employee, effective April 15, 2024.
  • The award was granted under Virgin Galactic’s 2023 Employment Inducement Incentive Award Plan, which provides for the granting of equity awards to new employees of Virgin Galactic.
  • The restricted stock unit award will vest over a four-year period: 25% of the underlying shares will vest on the first anniversary of the grant date and the remaining 75% of the shares will vest over the remaining 12 quarters, subject to continued service.
  • The award was granted as an inducement material to the new employee entering into employment with Virgin Galactic, in accordance with NYSE Listing Rule 303A.08.

CogX Festival Set to Debut in Los Angeles at Century Plaza on May 7th, 2024

Retrieved on: 
Friday, April 12, 2024

LOS ANGELES, April 12, 2024 /PRNewswire/ -- CogX, Europe's leading Festival of AI and transformational technology, today announced that its highly anticipated U.S. debut, CogX Festival LA, will take place at the iconic Century Plaza in Los Angeles, California, on May 7th, 2024. The event, hosted in partnership with Reuben Brothers, the visionary force behind Century Plaza's $2.5 billion transformation, will bring together the tech industry, global leaders, creatives, and policymakers to explore the biggest transformation opportunities of our time and address the critical question: "How do we get the next 10 years right?". 

Key Points: 
  • "The team at Century Plaza is honored to host the U.S. debut of the CogX Festival and excited for Los Angeles, and specifically Century City,  to be chosen as the city to showcase this global event," shared David Reuben, Jr., representing Reuben Brothers.
  • "We look forward to welcoming the brilliant guests of CogX Festival to experience the reimagined Fairmont Century Plaza Hotel, the Park Elm residential towers, and the vibrant atmosphere of Century Plaza."
  • "We're honored to partner with Reuben Brothers to bring the CogX Festival to the heart of Los Angeles at the iconic Century Plaza in Century City," said Charlie Muirhead, CEO of CogX.
  • Century Plaza is located at the intersection of Avenue of the Stars and Constellation Boulevard in Century City.

CogX Festival Set to Debut in Los Angeles at Century Plaza on May 7th, 2024

Retrieved on: 
Friday, April 12, 2024

LOS ANGELES, April 12, 2024 /PRNewswire/ -- CogX, Europe's leading Festival of AI and transformational technology, today announced that its highly anticipated U.S. debut, CogX Festival LA, will take place at the iconic Century Plaza in Los Angeles, California, on May 7th, 2024. The event, hosted in partnership with Reuben Brothers, the visionary force behind Century Plaza's $2.5 billion transformation, will bring together the tech industry, global leaders, creatives, and policymakers to explore the biggest transformation opportunities of our time and address the critical question: "How do we get the next 10 years right?". 

Key Points: 
  • "The team at Century Plaza is honored to host the U.S. debut of the CogX Festival and excited for Los Angeles, and specifically Century City,  to be chosen as the city to showcase this global event," shared David Reuben, Jr., representing Reuben Brothers.
  • "We look forward to welcoming the brilliant guests of CogX Festival to experience the reimagined Fairmont Century Plaza Hotel, the Park Elm residential towers, and the vibrant atmosphere of Century Plaza."
  • "We're honored to partner with Reuben Brothers to bring the CogX Festival to the heart of Los Angeles at the iconic Century Plaza in Century City," said Charlie Muirhead, CEO of CogX.
  • Century Plaza is located at the intersection of Avenue of the Stars and Constellation Boulevard in Century City.

Virgin Galactic Reports Inducement Awards Under NYSE Listing Rule 303A.08

Retrieved on: 
Thursday, March 14, 2024

Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic’s Board of Directors approved the grants of time-based inducement restricted stock unit awards covering an aggregate of 46,225 shares of Virgin Galactic common stock to two new non-executive employees, each effective March 15, 2024.

Key Points: 
  • Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic”) announced that the Compensation Committee of Virgin Galactic’s Board of Directors approved the grants of time-based inducement restricted stock unit awards covering an aggregate of 46,225 shares of Virgin Galactic common stock to two new non-executive employees, each effective March 15, 2024.
  • The awards were granted under Virgin Galactic’s 2023 Employment Inducement Incentive Award Plan, which provides for the granting of equity awards to new employees of Virgin Galactic.
  • The restricted stock unit awards will vest over a four-year period: 25% of the underlying shares will vest on the first anniversary of the grant date and the remaining 75% of the shares will vest over the remaining 12 quarters, subject to continued service.
  • The awards were granted as an inducement material to the new employees entering into employment with Virgin Galactic, in accordance with NYSE Listing Rule 303A.08.

Virgin Galactic Announces Fourth Quarter and Full Year 2023 Financial Results and Provides Business Update

Retrieved on: 
Tuesday, February 27, 2024

Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced its financial results for the fourth quarter and full year ended December 31, 2023 and provided a business update.

Key Points: 
  • Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced its financial results for the fourth quarter and full year ended December 31, 2023 and provided a business update.
  • GAAP total operating expenses of $117 million, compared to $154 million in the fourth quarter of 2022.
  • Non-GAAP total operating expenses of $100 million in the fourth quarter of 2023, compared to $140 million in the fourth quarter of 2022.
  • Net cash used in operating activities totaled $95 million, compared to $131 million in the fourth quarter of 2022.

SPACE PERSPECTIVE UNVEILS THE FUTURE OF HUMAN SPACE TRAVEL

Retrieved on: 
Tuesday, February 20, 2024

CAPE CANAVERAL, Fla., Feb. 20, 2024 /PRNewswire/ -- Space Perspective, the world's first carbon-neutral spaceflight experience company, released images of its completed test capsule today. With its first SpaceBalloon finished and its launch vessel, Marine Spaceport Voyager, in its final stage of preparation, Space Perspective is beginning to eye its test flights window.

Key Points: 
  • "The space capsule is like nothing the world has ever seen," said MacCallum, who is also Space Perspective's CTO, noting the capsule's massive windows, iconic design, and spacious interior.
  • We are redefining the category and paving the way for accessible space travel for years to come."
  • Space Perspective also long considered repeated vertical windows, which allow for contiguous panoramic views (vs. horizontal windows, which would bifurcate the view to the human eye – a phenomenon resulting from stereoscopic vision).
  • Space Perspective is on a mission to bring more humans to space than ever before.

VIRGIN GALACTIC ALERT: Bragar Eagel & Squire, P.C. is Investigating Virgin Galactic Holdings, Inc. on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Retrieved on: 
Friday, February 16, 2024

NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Virgin Galactic Holdings, Inc. (NYSE: SPCE) on behalf of long-term stockholders of Virgin Galactic.

Key Points: 
  • NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Virgin Galactic Holdings, Inc. (NYSE: SPCE) on behalf of long-term stockholders of Virgin Galactic.
  • Our investigation concerns whether the board of directors of Virgin Galactic have breached their fiduciary duties to the company.
  • On this news, Virgin Galactic’s stock price fell $1.17 per share, or 12.42%, to close at $8.25 per share on March 3, 2022.
  • There is no cost or obligation to you.

Virgin Galactic Announces Date of Fourth Quarter and Full Year 2023 Financial Results and Conference Call

Retrieved on: 
Tuesday, February 13, 2024

Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced that it will report its financial results for the fourth quarter and full year of 2023 following the close of the U.S. markets on Tuesday, February 27, 2024.

Key Points: 
  • Virgin Galactic Holdings, Inc. (NYSE: SPCE) (“Virgin Galactic” or the "Company”) today announced that it will report its financial results for the fourth quarter and full year of 2023 following the close of the U.S. markets on Tuesday, February 27, 2024.
  • Virgin Galactic will host a conference call to discuss the results that day at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).