Major indices finish lower amid GE earnings disappointment >>> READ MORE

FAA Approves Virgin Galactic Space Flights

Virgin Galactic plans first flight by end of 2014


The US Federal Aviation Authority (FAA) has approved Virgin Galactic for space flights.

Source: Flickr

The FAA and Virgin Galactic signed a deal that will allow the company to commence test flights from the launching pad in New Mexico. This will allow the company to test out its space shuttle, the SpaceShipTwo, and brings it closer to offering commercial flights, reports BBC News.

Virgin Galactic hopes to launch its first flight by the end of 2014. The deal between the company and the FAA will also integrate the SpaceShipTwo’s flight paths into Albuquerque, New Mexico’s air traffic control center and the state’s Spaceport Authority. This will allow the company to perform safe test flights in the area, BBC New notes.

“Our team is working hard to begin routine and affordable space launches from Spaceport America and this agreement brings us another step closer to that goal,” George Whitesides, CEO of Virgin Galactic, told RTT News.

More Space News

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC