Virgin Galactic Holdings Inc

NYSE:SPCE

Virgin Galactic Holdings, Inc. is an aerospace and space travel company, which engages in the manufacture of advanced air and space vehicles, and the provision of spaceflight services for private individuals and researchers. The company is headquartered in Las Cruces, New Mexico and currently employs 804 full-time employees. The company went IPO on 2017-09-18. The firm is focused on the development, manufacture and operations of spaceships and related technologies for the purpose of conducting commercial human spaceflight and flying commercial research and development payloads into space. The firm's assets include its carrier aircraft, the mothership, which is a twin-fuselage, custom-built aircraft designed to carry its spaceships up to an altitude of approximately 45,000 feet, where the spaceship is released for its flight into space; its spaceship platform is a reusable spaceship with the capacity to carry two pilots and up to six future astronauts into space before returning them safely to the Earth’s surface; its hybrid rocket motor is designed to provide performance capabilities necessary for spaceflight with a focus on safety, reliability and economy; its Spaceport America is a commercial spaceport, which includes space terminal, hangar facilities and a 12,000 foot runway.