Latest news with #VirginGalactic
Yahoo
5 days ago
- Business
- Yahoo
Next-Gen Engineers and Reusable Rockets Lead Boom
The space tourism market is set to grow by USD 11.28 billion from 2024 to 2029, with a 16.8% CAGR. Key drivers include rising investments and pioneering activities, with segments in suborbital, orbital, and commercial tourism. Major players include SpaceX, Virgin Galactic, and Blue Origin. Dublin, June 18, 2025 (GLOBE NEWSWIRE) -- The "Space Tourism Market 2025-2029" has been added to offering. The global space tourism market is set to expand significantly, projected to increase by USD 11.28 billion from 2024 to 2029, driven by a compound annual growth rate (CAGR) of 16.8%. This dynamic growth is attributed to several key factors, including heightened investments in the sector, increased spending on travel and tourism, and the prospects of pioneering activities in space exploration. Our comprehensive report delivers an in-depth analysis of the space tourism market, highlighting current trends, market size, growth drivers, challenges, and extensive vendor analysis covering approximately 25 key players. The report integrates both primary and secondary data sources, as well as insights from industry leaders, to give a robust market overview. A prominent trend identified is the growing adoption of reusable rocket technology, which is expected to propel the market forward. In addition, the influx of next-generation engineers and the potential for hypersonic travel may also contribute to burgeoning demand. The vendor analysis segment is designed to enhance clients' market positioning by providing detailed insights into major industry players, including Axiom Space Inc., Blue Abyss Ltd., Blue Origin Enterprises LP, Orbite Inc., PD AeroSpace Ltd., Sierra Space Corp., Space Adventures Inc., Space Exploration Technologies Corp., Space Perspective, Starchaser Industries Ltd., The Boeing Co., Virgin Galactic Holdings Inc., World View Enterprises Inc., Zero 2 Infinity S.L., and Zero Gravity Corp. Furthermore, the report offers invaluable information on emerging trends and potential challenges that could influence market growth, empowering companies to devise effective strategies to capitalize on forthcoming opportunities. This study employs a meticulous synthesis of data and insights from multiple sources, focusing on key parameters such as profit margins, pricing strategies, competitive dynamics, and promotional activities. By identifying influential industry parameters, we ensure a comprehensive and reliable market outlook. Extensive primary and secondary research lays the foundation for our market research reports, which provide a detailed competitive landscape and vendor assessment methodology. Through qualitative and quantitative research, the report aims to forecast precise market growth trajectories. Key Areas Covered in the Report: Space Tourism Market sizing Space Tourism Market forecast Space Tourism Market industry analysis Market Segmentation: By Type:Suborbital tourism, Orbital tourism By End-user:Commercial, Government By Service Type:Transportation, Entertainment and leisure, Training and simulation, Accommodation By Geographical Landscape:North America, Europe, Asia, Rest of World (ROW) Competitive Landscape Axiom Space Inc. Blue Abyss Ltd. Blue Origin Enterprises LP Orbite Inc. PD AeroSpace Ltd. Sierra Space Corp. Space Adventures Inc. Space Exploration Technologies Corp. Space Perspective Starchaser Industries Ltd. The Boeing Co. Virgin Galactic Holdings Inc. World View Enterprises Inc. Zero 2 Infinity S.L. Zero Gravity Corp. For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
Irish Post
6 days ago
- Business
- Irish Post
Aer Lingus partners with Dr Norah Patten ahead of historic space mission
AER LINGUS has confirmed a new partnership with Mayo woman Dr Norah Patten who is set to become the first Irish person ever to go to space. The Irish airline has agreed a two-year deal in which it will provide travel for Dr Patten as she makes regular trips between Ireland and North America to prepare for her space mission. In June 2024 it was revealed that Dr Patten, who hails from Ballina, but now lives in Dublin, had been selected as one of three research astronauts who will fly to space on Virgin Galactic's new Delta Class spaceship. Dr Norah Patten (Pic: Naoise Culhane) The commercial flight is being planned by the International Institute for Astronautical Sciences (IIAS) to advance the scientific knowledge and operational insights gained from their inaugural IIAS-01 research spaceflight with Virgin Galactic which took place in 2023. The crew of their second flight, which is due to launch in 2026, will include IIAS bioastronautics researchers Kellie Gerardi of the United States, Dr Shawna Pandya of Canada, and Ireland's Dr Patten. 'Aer Lingus is proud to announce its partnership with Dr Norah Patten as she prepares for her groundbreaking mission to become the first Irish person in space,' the airline said this week. 'With a shared commitment to building new connections and inspiring exploration, Aer Lingus will partner with Norah as she prepares for her first ever research spaceflight,' they added. IIAS bioastronautics researchers Dr Shawna Pandya of Canada, Kellie Gerardi of the United States and Ireland's Dr Norah Patten (Pic: Virgin Galactic) 'A trained aeronautical engineer and passionate champion of STEM education, Norah has devoted herself to inspiring future generations of scientists, engineers, and trailblazers,' they explained. 'As she moves closer to making history, Aer Lingus has pledged its support through a two-year partnership, ensuring she can travel between her home in Ireland and North America—the hub of her groundbreaking research preparation.' In advance of her spaceflight, Dr Patten is undergoing intensive training and conducting advanced research at the National Research Council (NRC) in Canada, working alongside her fellow researchers, Dr Pandya and Ms Gerardi. The Irish woman previously admitted her dream of going to space started when she first visited the NASA Glenn Research Center in Cleveland at the age of 11. Dr Norah Patten and colleagues pictured at the Irish Embassy in Canada (Pic: Now destined to become the first Irish person in space, she will continue to travel between Dublin and North America as she prepares for her spaceflight. Her preparation has included spacesuit testing and evaluation, microgravity research, as well as undertaking high-G flights designed to experience gravitational force. 'My mission to become the first Irish person in space is a huge undertaking and I'm grateful to Aer Lingus for their support on my journey,' Dr Patten said this week. 'As the flag carrier of Ireland, Aer Lingus has long inspired people to travel and to explore new destinations,' she added. 'This partnership with Aer Lingus will enable me to travel seamlessly to North America to continue my practical preparation and research, with each step bringing me closer to making this dream a reality. 'Together, I hope we can ignite the imaginations of young dreamers, encouraging them to undertake their own adventures – wherever they may be.' Lynne Embleton, Aer Lingus Chief Executive Officer, said the company's vision aligns perfectly with Dr Patten's. 'At Aer Lingus, our mission is to connect people, places, and possibilities - and Dr Norah Patten's extraordinary journey to become the first Irish person in space is the perfect embodiment of that spirit,' she said. 'Her determination proves that with ambition, dedication, and the ability to dream big, anything is possible,' she added. 'We are immensely proud to support Norah as she embarks on this historic journey over the next two years. 'This is a once-in-a-generation milestone for Ireland, and we have no doubt that her mission will inspire people across the nation and beyond to pursue their own aspirations. 'Norah is a true trailblazer, paving the way for Irish women in STEM and leaving a legacy that will resonate for generations to come.' See More: Aer Lingus, Dr Norah Patten, Space, Virgin Galactic
Yahoo
14-06-2025
- Business
- Yahoo
Virgin Galactic on track to start launching customers again in 2026, but seat prices will rise
When you buy through links on our articles, Future and its syndication partners may earn a commission. Virgin Galactic's spaceflight drought will last just about two years, if all goes according to plan. The suborbital space tourism company last went to the final frontier in June 2024, on the final flight of its VSS Unity space plane. Virgin retired Unity to focus on developing its new, more efficient "Delta class" vehicles — and the first of those advanced, six-passenger ships remains on track to debut next year, according to the company. "An enormous amount of work is taking place across our company, as well as at our key suppliers," Virgin Galactic CEO Michael Colglazier said during an earnings call with investors on May 15. "We continue to expect our first [Delta] research spaceflight will take place in summer of 2026, with private astronaut flights following in fall of 2026." That call, which reported Virgin Galactic's financial results for the first quarter of 2025, provided a number of other updates as well. For example, Colglazier said the company — which currently has about 675 customers on its manifest — plans to start accepting flight reservations again in the first quarter of 2026. New customers will be brought onboard via a new "highly bespoke education sales process" that will feature distinct "waves." "This approach has several intended benefits for customers," Colglazier said. "Tailoring the number of new arrivals into our future astronaut community during each wave allows us to provide a white-glove onboarding experience that will form the foundation of each customer's journey to space. From a yield-management perspective, this allows us to adjust our pricing wave by wave." Ticket prices have not yet been set, though it's expected to be higher than the $600,000 that the most recent customers paid, he added. Virgin Galactic is currently building two Delta-class ships but plans to expand the fleet over time. The company will be quite busy once the first one comes online. Each of the new space planes is designed to fly twice per week, Colglazier said — a big leap in cadence over VSS Unity, which flew seven commercial passenger missions from June 2023 until its retirement a year later. Virgin Galactic employs an air-launch strategy. Like VSS Unity, each Delta ship will lift off from a runway beneath the wings of a large carrier aircraft, which will drop the space plane at altitude. The spaceship will then ignite its onboard rocket motor, powering its own way to suborbital space, and come back down to Earth for a landing on the same runway from which it took off. In last quarter's earnings call, Virgin Galactic mentioned the possibility of making the carrier aircraft a multipurpose vehicle — using it to haul something other than a space plane into the sky. Over the past few months, the company has continued investigating this potential vehicle variant, which it calls HALE ("High Altitude Long Endurance")-Heavy. "Since last quarter, we've connected with leaders within the Department of Defense, national laboratories and aerospace and defense companies to ascertain the potential product market fit of our carrier aircraft capabilities with government customer needs," Colglazier said. "We've been encouraged by initial feedback, which has identified both existing and emerging missions that could potentially benefit from access to HALE-Heavy support aircraft," he added. "Examples of these missions could include airborne research and development testing; intelligence, surveillance and reconnaissance support; command and control node capabilities; and multiple opportunities within the emerging Golden Dome [missile defense] initiative." Related stories: — Who is Virgin Galactic and what do they do? — Virgin Galactic announces international crew for flight on new Delta class space plane — Virgin Galactic launches VSS Unity space plane on final suborbital spaceflight with crew of 6 (photos, video) To date, all of Virgin Galactic's suborbital missions have lifted off from Spaceport America in New Mexico. But the company is looking to fly from a second site as well, likely in either Europe or the Middle East. Virgin Galactic is making progress on this goal as well, Colglazier said during the May 15 call. "We are midway through our feasibility assessment with the Italian government for a spaceport in southern Italy," he said. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-06-2025
- Entertainment
- Yahoo
Space expert and teacher in King's Honours list
A space expert from Horsham has been awarded an OBE in the King's Birthday Honours List for services to aerospace. William Whitehorn is among 78 people in the South East who have been recognised for their contributions to public life in the UK this year. These include The Who frontman Roger Daltrey, who has a home in Sussex, who has been made a Sir for his services to charity and music. Meanwhile, Jo Berry, whose father Anthony Berry was killed in the Brighton bombing while an MP, has been made a CBE for her services to peace and reconciliation. Mr Whitehorn, who used to be the president of Virgin Galactic, has played key roles in allowing private companies access to space, as well as retaining post-Brexit access to the EU space programme. He says his OBE shows the growing importance of the space industry in the UK. Mr Whitehorn told BBC South East: "You're seeing new ideas in space, all of which are crucial in things like the battle against climate change." He said he was looking forward to seeing the King and added how proud his mother would have been. "I just wish my mum was still alive to witness this. She would have been absolutely made up," he added. Other recipients include farrier David Nichols, from Worthing, who has been given a BEM for services towards horse welfare. Mr Nichols has been awarded the honour for helping to increase the standards of farriery worldwide. During his 50-year career, he has become the director of the Equine Lameness Prevention Organisation. Emma Phillips, deputy head at Limpsfield Grange School in Oxted, has also received a BEM for her services to education, particularly for her work with girls with autism. A statement from the palace said: "She makes time for everyone and responds to every parent's concern, no matter how big or small." Paul Dennington, from Kent, has also been awarded a BEM for raising about £50,000 for Prostate Cancer UK. His efforts included running three marathons in three days. Follow BBC Sussex on Facebook, on X and on Instagram. Send your story ideas to southeasttoday@ or WhatsApp us on 08081 002250. King's Birthday Honours: How does the UK honours system work? 'You don't look like someone who gets an MBE' MP's daughter hopes bomber can admit his murder was wrong The Royal Gazette
BBC News
13-06-2025
- Entertainment
- BBC News
Space expert, The Who frontman and teacher in King's Honours list
A space expert from Horsham has been awarded an OBE in the King's Birthday Honours List for services to Whitehorn is among 78 people in the South East who have been recognised for their contributions to public life in the UK this year. These include The Who frontman Roger Daltrey, who has a home in Sussex, who has been made a Sir for his services to charity and Jo Berry, whose father Anthony Berry was killed in the Brighton bombing while an MP, has been made a CBE for her services to peace and reconciliation. Mr Whitehorn, who used to be the president of Virgin Galactic, has played key roles in allowing private companies access to space, as well as retaining post-Brexit access to the EU space programme. He says his OBE shows the growing importance of the space industry in the UK. Mr Whitehorn told BBC South East: "You're seeing new ideas in space, all of which are crucial in things like the battle against climate change."He said he was looking forward to seeing the King and added how proud his mother would have been."I just wish my mum was still alive to witness this. She would have been absolutely made up," he added. 'No matter how big or small' Other recipients include farrier David Nichols, from Worthing, who has been given a BEM for services towards horse Nichols has been awarded the honour for helping to increase the standards of farriery his 50-year career, he has become the director of the Equine Lameness Prevention Phillips, deputy head at Limpsfield Grange School in Oxted, has also received a BEM for her services to education, particularly for her work with girls with autism. A statement from the palace said: "She makes time for everyone and responds to every parent's concern, no matter how big or small."Paul Dennington, from Kent, has also been awarded a BEM for raising about £50,000 for Prostate Cancer efforts included running three marathons in three days.
