Virgin Galactic Returns to Space After 3-Month Delay
Three months ago, Virgin Galactic (NYSE: SPCE) dropped a bombshell: Its long-awaited third rocket-powered trip to space -- the one that was expected to bring the company within just months of initiating commercial space tourism flights, and selling space tourism tickets -- would not take place as planned. Instead, Virgin Galactic would postpone its test-flying until May 2021, while it worked to fix a problem with electromagnetic interference (EMI) that had disrupted a test flight in December.
Well, good news: Last week, Virgin Galactic declared the EMI problem fixed. And on Saturday, Virgin Galactic proved it with a successful return to space.
VSS Unity back in space, May 22, 2021. Image source: Virgin Galactic.
Source Fool.com
