Space tourism company Virgin Galactic reported its Q2 financials saying that its cash, cash equivalents and marketable securities were $980 million (€897.9m) as of June 30th 2023, a sequential increase of $106 million from the first quarter of 2023. Michael Colglazier, CEO of Virgin Galactic said, “During the quarter, we successfully completed two spaceflights in […]
Virgin Media O2 has added a range of new themed channels to its TV line up at at no extra cost. TV favourites including Deal or No Deal USA, Fear Factor and Baywatch are now available to Virgin Media TV customers via dedicated streaming channels. The new channels are based around a single programme or […]
Virgin Media O2 is to cut up to 2,000 UK jobs, or 12 per cent of its total workforce, by the end of this year. That includes 800 reductions already announced. The news comes as rivals BT and Vodafone both announced major cuts. Virgin Media O2 said: “As we continue to integrate and transform as […]
Space tourism business Virgin Galactic is planning its Galactic 02 mission to happen on August 10th. This mission will be Virgin Galactic’s seventh spaceflight, second commercial spaceflight and third spaceflight this year; flying on this occasion three private passengers to space. The flight window will open on August 10th, continuing the Company’s regular cadence of […]
Sir Richard Branson-backed tourists-into-space project is seeking a cash infusion of about $400 million (€367.2m). Its first commercial sub-orbital flight (designated Galactic 01) is scheduled for later this week when it will carry a group of Italians on a brief journey to the edge of space. The mission will happen from Virgin’s Spaceport America in […]
Virgin Galactic will re-start commercial flights before the end of June. Its first mission, dubbed ‘Galactic 01’, and the first commercial flight of its SpaceShipTwo suborbital vehicle will happen between June 27th-30th on a scientific mission for the Italian Air Force. SpaceShipTwo will fly from Spaceport America in New Mexico. It will carry three people […]
Ofcom has published its seventh annual comparing customer service report, painting a mixed picture of how UK telecom providers performed in 2022. It reveals that people were more likely to be satisfied with their mobile provider (87 per cent) than their broadband (82 per cent) or landline company (77 per cent). And while average numbers […]
Virgin Orbit, operating in Chapter 11 bankruptcy protection, has entered into a ‘stalking horse’ agreement with Stratolaunch. A Stalking Horse agreement is a starting point for a bid and which other interested parties must exceed if they want to make an offer for the assets of a company. Virgin Orbit, in a filing to its […]
Dino Ranch rides again as Season 2 premieres on UK Free TV, exclusively on Tiny Pop starting on International Dinosaur Day on June 1st. From Boat Rocker Media, the global content distributor, Dino Ranch follows the action-packed adventures of the Cassidy family as they tackle life in a fantastical, “pre-westoric” setting where dinosaurs still roam. […]
Virgin Orbit, in Chapter 11 bankruptcy protection, has asked its bankruptcy court to delay the deadline for prospective bidders to make their intentions known. Virgin Orbit says that more time was needed to iron out some details and to give more time to get a deal done. Virgin Orbit had originally set May 14th for […]