Virgin Galactic Holdings Inc - Company Profile
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Virgin Galactic Holdings Inc (Virgin Galactic) is an aerospace and space travel company. The company's main activities include design, development, manufacturing, testing, and operation of spaceflight systems. Virgin Galactic offers products such as spaceships and high-altitude carrier aircraft. The company is known for its space tourism services. Its customers include private individuals, researchers, and government agencies seeking access to space. The company operates its offices in the US and the UK, catering markets interested in space exploration and travel. Virgin Galactic is headquartered in Las Cruces, New Mexico, the US.
Headquarters
United States of America
Address
1700 Flight Way, Tustin, California, 92782
Website
www.virgingalactic.com
Telephone
1 949 7747640
No of Employees
694
Industry
Aerospace and Defense
Ticker Symbol & Exchange
SPCE (NYSE)
Revenue (2024)
$1.5M
-78.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
19.6%
(2024 vs 2023)
Market Cap*
$438.1M
Net Profit Margin (2024)
XYZ
-266.6%
(2024 vs 2023)
* As of and is in US$
Products and Services
| Products | Services |
|---|---|
| Spaceships and High-Altitude Carrier Aircrafts | Service: |
| Space Tourism |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Financing Agreements | In June, the company raised US$300 million through an at the market offering of common stock. |
| 2022 | Contracts/Agreements | In November, the company entered into an agreement with Axiom Space to support a microgravity research and training mission. |
| 2022 | Contracts/Agreements | In November, the company and Qarbon Aerospace Inc entered into an agreement to manufacture and assemble the wing and fuselage structures for the Virgin Galactic Delta class spaceship. |
Competitor Comparison
| Key Parameters | Virgin Galactic Holdings Inc | Rocket Lab Corp | Adaptive Aerospace Corporation | Astroscale US Inc | Blue Origin Enterprises LP |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Tustin | Long Beach | - | Denver | Kirkland |
| State/Province | California | California | - | Colorado | Washington |
| No. of Employees | 694 | 2,600 | - | - | - |
| Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Raymond Mabus | Chairman | Executive Board | 2023 | - |
| Michael Colglazier | Chief Executive Officer; Director; President | Executive Board | 2020 | - |
| Doug Ahrens | Chief Financial Officer; Treasurer | Senior Management | 2021 | - |
| Sarah Kim | Chief Legal Officer; Executive Vice President; Secretary | Senior Management | 2022 | - |
| Aparna Chitale | Chief People Officer; Executive Vice President - Astronaut Operations | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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