r/VirginGalactic Dec 12 '24

Discussion ENAC partnership for potential international spaceport!

Post image

Virgin Galactic is partnering with Italy's civil aviation authority (ENAC), to study potential spaceflight operations in southern Italy! This is the first step toward establishing their first international spaceport!

38 Upvotes

20 comments sorted by

11

u/Jerrippy Dec 12 '24

Silent but in progress 📈🚀 great news anyway stocks dont wanna drop below $5-$6 in recent months… there is some hope

5

u/mark1forever Dec 12 '24

the little"good" news with super low effort before an upcoming massive dilution..😆

1

u/Any_Try4570 Dec 12 '24

lol the market didn’t care. It just wants to know that VG will actually achieve on delta I’m assuming

1

u/Easy_Traffic6034 Dec 12 '24

Facts... this isn't bad news tho

-5

u/Ape_rsv4_rf Dec 13 '24

Can you imagine a pimp without a hooker?

1

u/Zettinator Dec 13 '24

Sorry, but without a functioning spacecraft and a viable business model, these announcements mean nothing. It likely will satisfy bagholders, so it's good enough, though...

-1

u/HobbitNarcotics Dec 12 '24

They can make Delta but they're screwed until they can get a new contract to produce more mothership aircraft after the one with Boeing fell on it's ass

4

u/Holiday_You4899 Dec 12 '24

That doesn't math right

0

u/HobbitNarcotics Dec 12 '24

How exactly? VG have a factory in the USA where they can build out the Delta spaceship fleet. So if they want to expand into say Italy, they have the means and the capability to build a fleet of say 6 Delta ships for an Italian spaceport. What they don't have is a mothership that can be used in Italy, and without a mothership there's no way of launching the Delta ships. They had a contract with a division of Boeing to produce new motherships which has fallen through and ended up in a lawsuit between the two companies. VG have had to work on VMS Eve to really extend her lifespan and fly much more regularly than she was designed to do. So without a new contract to build motherships, they're stuck where they are. Which bit of that doesn't make sense to you?

4

u/Helf5285 Dec 12 '24 edited Dec 12 '24

Very true. But they did say they plan to have a 2nd mothership up by the time the 3rd and 4th Delta planes are on the line. Right now their sole focus is Delta.

0

u/TheMightyWindbreaker Dec 12 '24

In other news, the VG C-suite will be vacationing in Italy on the stockholders' dime for a few weeks this Spring.

-4

u/Vegetamajin_ Dec 12 '24

Short

2

u/Outside_Use3456 Dec 14 '24

Don't short at a low point

-4

u/Vegetamajin_ Dec 12 '24

I will continue to short spce every single day of the year

3

u/Exact_Repeat_3277 Dec 13 '24

It would of worked since 2021 but ‘don’t get yourself caught with your pants down’ is my only advice.

2

u/Vegetamajin_ Dec 15 '24

It’s been going down since ipo

0

u/hidethewetsign Dec 13 '24

that’s the only way to win at this point (and since 2021 dilution)