Additional funding for Richard Brandson’s Virgin Galactic

Virgin Galactic

According to Sky News there is some extra cash going to Virgin Galactic, that is in a race to be the world’s first commercial space tourism venture.

Sir Richard Brandson’s Virgin Group is in the early stages of raising up to $300m from its existing shareholders. This should accelerating the development of Galactic’s commercial satellite venture and the production capacity.

Virgin Galactic has already sold almost 800 tickets for a trip to space.

More info on Virgin Galactic.

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