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Virgin Galactic to start the meeting of the first new room plan in March

Houston – Virgin Galactic plans to start the first of a new general of Suborbital room options next month, with the commercial flights probably starting in mid -2026.

In a profit call on February 26, the company manager said that the assembly of the first Delta spaceship will begin in a new facility near Phoenix in March. This would get the company on a way to start test flights in spring 2026, and commercial flights, starting with research protection loads, in the middle of 2026.

“The production and starting time strip for the new ships remains on the right track, with our first commercial research space flight in the summer of 2026 and the first private astronaut flight in autumn 2026,” said Michael Colglazier, managing director of Virgin Galactic. “We can be more precise with the projection of our schedules, since we now have the visual lines to the delivery dates of each individual tool and any part that supports assembly.”

He used the call to highlight the progress of Virgin and key suppliers in various components and sub -funds of the vehicle. These items are delivered to the Phoenix system for final assembly and testing the room plan.

The company said it was confident that the spaceship can quickly go through a flight test program after the assembly, since it is derived from the VSS unit, the suborbital space that it retired last summer.

“Unity had to move in small incremental steps to build the knowledge about the performance and limits of the spaceship,” said Mike Moses, President of Virgin Galactic. “The test flights of Delta will look much more like regression tests, in which we fly incrementally like Delta by comparing them with the comparisons of the unit.”

As soon as the research flights began, he expected that “6 to 10” flights with research uses, including employees, will also test the examination of the operations before starting the flights of private astronauts.

Colglazier said that as soon as these private astronaut flights begin, the company will quickly accelerate to its planned flugrate of two a week. “We will get a little on the way while we bend on it, but I think in 2027, if not right, on January 1st, at the beginning of the year, we should appear at a pace that we talked about.”

Virgin's immediate focus is on the way to the new spaceships in New Delta so that the company can achieve profitability. In the call, however, Colglazier said that the company is investigating additional applications from its vehicles, including the reuse of the aircraft with which the spaceship was put into the air.

He found that the company's current “mother ship aircraft”, VMS Eve, is unusual insofar as it can wear heavy payloads at heights of up to 15,000 meters. “We believe that the same performance of the high height of Virgin Galactic's suborbital space area can also be of value for government and research customers, especially if a derivative model has extended the flight duration,” he said.

He said that the company moved “in the direction of a solid preliminary design of a variant of the aircraft design for high -quality, long -term applications such as intelligence, surveillance and education.” I think this is a super clever opportunity for us and one that we actively pay attention to because we are of the opinion that this is a real potential for the government. “

“After this first the first things, we have to keep laser -oriented in order to get to the first of these two ships and then the second directly behind it,” he added to achieve positive income, taxes, depreciation and amortization before interest, taxes, depreciation and amortization (depreciation and amortization (EBITDA).

In 2024, the company had an adjusted EBITDA loss of $ 288.5 million compared to a loss of $ 427 million in 2023. The company ended the $ 657 million of cash and equivalents to finance the DELTA spaceships.