Virgin Galactic Holdings, Inc. is an aerospace company. The Company is focused on the development, manufacture and operations of spaceships and related technologies for the purpose of conducting commercial human spaceflight and flying commercial research and development payloads into space. The Company's assets include its carrier aircraft, the mothership, which is a twin-fuselage, custom-built aircraft designed to carry its spaceships up to an altitude of approximately 45,000 feet, where the spaceship is released for its flight into space; its spaceship platform is a reusable spaceship with the capacity to carry two pilots and up to six future astronauts into space before returning them safely to the Earth’s surface; its hybrid rocket motor is designed to provide performance capabilities necessary for spaceflight with a focus on safety, reliability and economy; its Spaceport America is a commercial spaceport, which includes space terminal, hangar facilities and a 12,000 foot runway.
During the most recent quarter, 26M shares were sold in insider trading.
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