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NASA Virgin Galactic will develop a private space station development plan

Billionaire Richard Branson’s Virgin Galactic Holdings (Virgin Galactic Holdings) said on Monday that it has signed a plan with NASA to facilitate the transfer of the International Space Station (ISS) Carrying out a private flight mission, the company’s stock rose by about 16%.

As part of the agreement with the Johnson Space Center, the Space Tourism Company will identify candidates who are interested in purchasing private tickets for orbital-class vehicles from other companies and develop a training plan based on its “space preparation plan.”

The company competes with billionaire-backed joint ventures (such as Amazon’s Blue Origin), which are striving to create a new era of space tourism and to become the first company to provide suborbital flights to civilian space travelers.

Virgin Galactic uses its core product SpaceShipTwo to provide customers with a zero-gravity experience, and has developed a long-term point-to-point travel plan to quickly transport passengers from the city to the city at near altitude.

This is the second agreement between Virgin Galactic and NASA. In May, the two reached an agreement to develop a “High Mach” aircraft for potential civilian use.

For NASA, the private partnership is helping it resume its human space mission. Last month, Elon Musk’s SpaceX ended NASA’s nine-year vacation by transporting two astronauts to the International Space Station.

The space agency is relying heavily on private companies established around a shared vision of space exploration, as it is preparing for a long-term presence on the moon and preparing for manned to Mars.

Virgin Galactic’s shares closed at $17.39 (approximately Rs 1,310).

© Thomson Reuters 2020


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