Virgin Galactic Looks Interesting Now That the Focus Is Back on Space
Virgin Galactic (NYSE: SPCE) has faced challenges launching its space tourism rockets into space, and a complex design and manufacturing process has caused delays. The company is essentially designing from scratch both rockets that go into space and the "mother ship" that carries a rocket from the ground to about 50,000 feet.
An agreement announced last week will allow Virgin Galactic to lean on Boeing (NYSE: BA) subsidiary Aurora Flight Sciences to create next-generation mother ships and focus internal development on space. In theory, this will give the company more focus and the potential to scale even more quickly.
Image source: Virgin Galactic.
Source Fool.com
