Monday 28 July 2014
Virgin Galactic

Land Rover, Virgin Galactic in global tie-up

Land Rover has entered into a long-term global partnership with Richard Branson’s commercial spaceline, Virgin Galactic. The alliance was announced against the backdrop of SpaceShipTwo, the world’s first commercial pas


Aabar contest to send Emirati into space

An Emirati will win the chance to travel into space as part of a nationwide competition being launched by Abu Dhabi-based Aabar Investments. The prize winner will be given a place onboard Virgin Galactic’s SpaceShipTwo when


Virgin plans commercial spaceship service in 2014

A six-passenger spaceship owned by an offshoot of Virgin Group fired its rocket engine in flight for the first time on Monday, a key step toward the start of commercial service in about a year, Virgin owner Richard Branson said. T


Virgin spaceship carrier plane damaged in test

An aircraft designed to launch Virgin Galactic's suborbital passenger spaceship was damaged in an accident on a California runway, manufacturer Scaled Composites said. In a statement on its website, Scaled, a wholly owned subsidiary of Nor


Aabar assets hit $10bn, eyes more investments

Aabar Investments which has stakes in Daimler AG and Virgin Galactic, said on Tuesday its assets have grown to $10 billion and that it was eying more investments. The Abu Dhabi listed firm had an asset value of some $625 million prior to s


Virgin Galactic sees space test flights in 2011

Virgin Galactic is aiming to launch test flights into space in 2011, but does not need additional financing after selling a stake to Abu Dhabi's Aabar  last year, its chief executive said on Wednesday. The offshoot of billionaire


Aabar to buy 32pc stake in Virgin Galactic

Aabar Investments said on Tuesday it will take a 32-per cent stake worth $280 million in Virgin Group's space unit Virgin Galactic. In a filing on the Abu Dhabi bourse website, the investment firm said the deal was still subject to US

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