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Virgin Galactic planning to launch suborbital test flight this month

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Virgin Galactic will reach space again just two weeks from now, if all goes according to plan.

Virgin Galactic aims to launch its VSS Unity space plane on its third piloted test flight to suborbital space between Nov. 19 and Nov. 23, according to an update the company released on Thursday (Nov. 5).

The upcoming flight will tote some revenue-generating payloads via NASA’s Flight Opportunities Program, the update notes. The planned mission will mark Unity’s first trip to space since February 2019 and its first-ever spaceflight from Virgin Galactic’s commercial hub, Spaceport America in New Mexico.

Thursday’s update served to announce Virgin Galactic’s financial results from the third quarter of 2020, which ended on Sept. 30. During the third quarter, the company incurred a net loss of $77 million, compared to a $63 million net loss in the year’s second quarter. But Virgin Galactic’s “cash position remains strong, with cash and cash equivalents of $742 million as of September 30, 2020,” the update reads.

Reported by Space

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