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Virgin Galactic

Virgin launches new passenger spaceship

Richard Branson’s Virgin Galactic venture unveiled a new passenger spacecraft on Friday, nearly 16 months after a fatal accident destroyed its sister ship during a test flight over California's Mojave Desert. The rollout

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Abu Dhabi fund holding off on Virgin Galactic decision

The Abu Dhabi fund, which owns a major stake in British commercial spaceflight company Virgin Galactic, will wait for results of the probe into last week's fatal crash before deciding on its commitment to the project, a source with knowledge

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Space tourism set back by Virgin test flight crash

The wait for paying passengers to see Earth from the vantage point of space looked a lot longer on Friday, following the fatal crash of Virgin Galactic's first spaceship, but aspiring space tourists did not appear to be lining up for refunds

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Space tourism set back by crash, but industry hopeful

The wait for paying passengers to see Earth from the vantage point of space looked a lot longer on Friday, following the fatal crash of Virgin Galactic's first spaceship, but aspiring space tourists did not appear to be lining up for refunds

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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

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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

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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

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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

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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

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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

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