On July 11, Virgin Galactic will make a giant leap toward commercial suborbital spaceflight. The company will launch its first fully crewed flight of its SpaceShipTwo space plane Unity with a special passenger on board: the company’s billionaire founder Richard Branson.
Branson, three crewmates and two pilots will launch on the historic flight after being carried into launch position by Virgin Galactic’s carrier plane VMS Eve. They will take off from the company’s homeport of Spaceport America in New Mexico, with a live webcast chronicling the flight. Here’s everything you need to know about the mission, which Virgin Galactic has dubbed Unity 22.
What time is Virgin’s Galactic launch & and can I watch?
[embedded content]
Virgin Galactic has not released a specific time for the actual Unity 22 launch, but the company has announced it will begin webcasting the mission at 9 a.m. EDT (1300 GMT). And it looks like it’s going to be fun. The crew will walk out to the ship about an hour earlier.
Stephen Colbert, host of The Late Show on CBS, will host the webcast along with singer Khalid (who will debut a new single during the launch), former Canadian Space Agency astronaut Chris Hadfield and future Virgin Galactic astronaut Kellie Gerardi, who will launch on a research flight in 2022.
The webcast will begin with the Unity spacecraft and its carrier plane taking off from its runway at Spaceport America, which is located 55 miles (88 kilometers) north of Las Cruces, New Mexico.
Branson has stated that the entire flight will take about 90 minutes, including the ascent up to launch position, release, flight to space and glide back to Earth for a runway landing at Spaceport America.
Who is Virgin Galactic launching on Unity 22?
Image 1 of 6
Virgin Galactic founder Sir Richard Branson (third from right) will launch on the company’s first fully crewed flight on July 11, 2021 as part of a six-person crew. They are (from left): Pilot Dave Mackay; Coplin Bennet, lead operations engineer; Beth Moses, chief astronaut instructor; Branson; Sirisha Bandla, vice president of government affairs and research operations; and pilot Michael Masucci. (Image credit: Virgin Galactic)
Image 2 of 6
Sirisha Bandla, Vice President of Government Affairs and Research Operations at Virgin Galactic. Bandla will be evaluating the human-tended research experience, using an experiment from the University of Florida that requires several handheld fixation tubes that will be activated at various points in the flight profile. (Image credit: Virgin Galactic)
Image 3 of 6
Beth Moses, Chief Astronaut Instructor at Virgin Galactic. Moses will serve as cabin lead and test director on Unity 22, overseeing the safe and efficient execution of the test flight objectives. (Image credit: Virgin Galactic)
Image 4 of 6
Virgin Galactic Lead Operations Engineer Colin Bennett will evaluate cabin equipment, procedures, and experience during both the boost phase and in the weightless environment. (Image credit: Virgin Galactic)
Image 5 of 6
Dave Mackay, Chief Pilot, Virgin Galactic (Image credit: Virgin Galactic)
Image 6 of 6
Michael Masucci (Image credit: Virgin Galactic)
Virgin Galactic will launch six people on the Unity 22 flight, although the spacecraft is designed to carry up to eight people (two pilots and six passengers).
Unity 22’s crew includes four mission specialists:
Sirisha Bandla, Vice President of Government Affairs and Research Operations at Virgin Galactic. She will evaluate the human-tended research experience via an experiment from the University of Florida that requires several handheld fixation tubes to be activated at various points in the flight profile.
Colin Bennett, Lead Operations Engineer at Virgin Galactic. He will evaluate cabin equipment, procedures and the experience during the boost phase and weightless environment inside Unity.
Sir Richard Branson, founder of Virgin Galactic. Branson will evaluate the private astronaut experience. He will receive the same training, preparation and flight as Virgin Galactic’s future ticket-buying astronauts and use the flight to fine ways to enhance the experience for customers.
Beth Moses, Chief Astronaut Instructor at Virgin Galactic. She will serve as cabin lead and test director in space. Her tasks include overseeing the safe execution of the test flight objectives. Moses has launched on Unity before.
Two veteran Virgin Galactic pilots will be at the helm of Unity during the launch. They have both launched to space on Unity before and are:
Dave Mackay: Mackay is Virgin Galactic’s chief pilot and grew up in the highlands of Scotland. He is a former Royal Air Force pilot and flew for Branson’s airline company Virgin Atlantic before joining Virgin Galactic.
Michael Masucci: Michael “Sooch” Masucci is a retired U.S. Air Force colonel who joined Virgin Galactic in 2013 who racked up over 9,000 flying hours in 70 different types of airplanes and gliders during more than 30 years of civilian and military flight.
Two other pilots will fly the VMS EVE carrier plane that will carry SpaceShipTwo into launch altitude. They are:
Frederick “CJ” Sturckow: A former NASA space shuttle commander who joined Virgin Galactic in 2013 with Masucci. A retired Marine Corps colonel, he was the first NASA astronaut to join the company and flew four space shuttle missions.
Kelly Latimer: Latimer is a test pilot and retired lieutenant colonel in the U.S. Air Force who joined Virgin Galactic’s pilot corps in 2015. She was the first female research test pilot to join what is now NASA’s Armstrong Flight Research Center.
What is Virgin Galactic’s mission for Unity 22?
The primary objective for Unity 22 is to serve as a test flight for future passenger flights by Virgin Galactic. As its number suggests, this will be the 22nd flight of Unity, but only its fourth launch to space.
The four mission specialists will each evaluate different experiences that Virgin Galactic has promised its future customers, many of whom have already reserved trips to space with the company at $250,000 a seat.
Bandla, for example, will test the experience of performing experiments aboard Unity during different phases of the flight, including the weightless period. Branson will take note of the flight as a paying passenger to look for ways to enhance the trip for ticket holders looking for the experience of a lifetime.
Moses is Virgin Galactic’s Chief Astronaut Trainer and will ensure everyone is safe in their tests while Bennet will examine Unity’s cabin performance to look for potential enhancements.
This mission is a critical flight or Virgin Galactic, which Branson founded in 2004. VSS Unity is the company’s second SpaceShipTwo after the first, VSS Enterprise, broke apart during a 2014 test flight, killing one pilot and seriously injuring another. Virgin Galactic has made numerous safety upgrades to prevent such an accident from happening again.
What will Virgin Galactic’s astronauts experience?
The mission will begin with takeoff from Spaceport America, where Virgin Galactic has built its “Gateway to Space” terminal to serve its future customers. The crews of Unity and Eve will walk out to their vehicles at about 8 a.m. EDT (6 a.m. local time, 1200 GMT). They’ll be wearing custom Under Armour flight suits made for Virgin Galactic.
After takeoff, the carrier plane VMS EVE will haul the SpaceShipTwo VSS Unity (short for Virgin Space Ship) to an altitude of about 50,000 feet (15,000 meters), when it will drop the the spacecraft.
Virgin Galactic’s first test passenger Beth Moses looks out the window of the VSS Unity during a test flight with pilots Dave Mackay and Michael “Sooch” Masucci, on Feb. 22, 2018. (Image credit: Virgin Galactic)
After separation, Unity will ignite its hybrid rocket motor, which uses a mixture of solid and liquid propellant, to begin the boost phase. This will carry Unity to its target altitude above 50 miles (80 kilometers), where the pilots and crew can expect up to 4 minutes of weightlessness. They will exist their seats and enjoy sweeping views of the Earth below through the many round windows that dot the space plane’s fuselage.
After that short encounter with weightlessness, the crew will climb back into their seats as Unity prepares to return to Earth. Pilots Mackay and Masucci will have “feathered” the spacectraft’s twin tail booms to provide stability during atmospheric reentry.
The feathered tail will then be locked back into place for the glide back to Earth, which will end with a runway landing at Spaceport America. The entire flight, from takeoff to landing, should last about 90 minutes, Branson has said.
Will Virgin Galactic really reach space with Unity 22?
Virgin Galactic’s VSS Unity spaceliner captured this view of Earth during the vehicle’s first trip to space, on Dec. 13, 2018. (Image credit: Virgin Galactic)
Virgin Galactic will launch Unity to an altitude above 50 miles (80 km), which NASA, the Federal Aviation Administration and the U.S. military classify as space. They will earn astronaut wings for reaching that height.
Another widely recognized boundary of space, the Kármán line, is at an altitude at 62 miles (100 km) above Earth. The SpaceShipTwo VSS Unity won’t reach this milestone, which has led Virgin Galactic’s competitor Blue Origin (which does fly higher than 62 miles) to call out Virgin Galactic for missing that mark.
Where does Virgin Galactic launch SpaceShipTwo from?
Virgin Galactic initially launched SpaceShipTwo test flights from the company’s facilities at Mojave Air and Space Port in California. However, in 2020 the company moved Unity and its carrier craft to its permanent home at Spaceport America, where it plans to fly regular passenger flights beginning in 2022.
Spaceport America is located near Las Cruces, New Mexico and is home to Virgin Galactic’s “Gateway to Space” terminal, a welcome center and waiting room for ticketed passengers preparing for trips to space. It also sports a large hangar designed to fit multiple SpaceShipTwo spaceplanes and the VMS Eve. Virgin Galactic has also built a new vehicle, the SpaceShip III VSS Imagine.
When could I launch to space with Virgin Galactic?
If you booked a trip with Virgin Galactic early and have one of the first reservations, you may get your chance to fly in space as early as 2022. If not, there’s a long wait ahead. And that’s assuming you can afford the $250,000 ticket price.
Virgin Galactic has said it plans to begin passenger launches in 2022 after a series of final test flights in 2021. The company does have hundreds of reservations for customer flights in backlog from eager would-be astronauts that have been waiting for over 17 years (since Richard Branson first announced Virgin Galactic in 2004) for the SpaceShipTwo to finally fly. The company paused taking new reservations after the 2014 accident.
Virgin Galactic is expected to resume taking reservations for “a limited number of tickets for future spaceflights” sometime this year, according to its website.
Email Tariq Malik at tmalik@space.com or follow him @tariqjmalik. Follow us @Spacedotcom, Facebook and Instagram.
TOKYO (AP) — Japanese technology group SoftBank swung back to profitability in the July-September quarter, boosted by positive results in its Vision Fund investments.
Tokyo-based SoftBank Group Corp. reported Tuesday a fiscal second quarter profit of nearly 1.18 trillion yen ($7.7 billion), compared with a 931 billion yen loss in the year-earlier period.
Quarterly sales edged up about 6% to nearly 1.77 trillion yen ($11.5 billion).
SoftBank credited income from royalties and licensing related to its holdings in Arm, a computer chip-designing company, whose business spans smartphones, data centers, networking equipment, automotive, consumer electronic devices, and AI applications.
The results were also helped by the absence of losses related to SoftBank’s investment in office-space sharing venture WeWork, which hit the previous fiscal year.
WeWork, which filed for Chapter 11 bankruptcy protection in 2023, emerged from Chapter 11 in June.
SoftBank has benefitted in recent months from rising share prices in some investment, such as U.S.-based e-commerce company Coupang, Chinese mobility provider DiDi Global and Bytedance, the Chinese developer of TikTok.
SoftBank’s financial results tend to swing wildly, partly because of its sprawling investment portfolio that includes search engine Yahoo, Chinese retailer Alibaba, and artificial intelligence company Nvidia.
SoftBank makes investments in a variety of companies that it groups together in a series of Vision Funds.
The company’s founder, Masayoshi Son, is a pioneer in technology investment in Japan. SoftBank Group does not give earnings forecasts.
Shopify Inc. executives brushed off concerns that incoming U.S. President Donald Trump will be a major detriment to many of the company’s merchants.
“There’s nothing in what we’ve heard from Trump, nor would there have been anything from (Democratic candidate) Kamala (Harris), which we think impacts the overall state of new business formation and entrepreneurship,” Shopify’s chief financial officer Jeff Hoffmeister told analysts on a call Tuesday.
“We still feel really good about all the merchants out there, all the entrepreneurs that want to start new businesses and that’s obviously not going to change with the administration.”
Hoffmeister’s comments come a week after Trump, a Republican businessman, trounced Harris in an election that will soon return him to the Oval Office.
On the campaign trail, he threatened to impose tariffs of 60 per cent on imports from China and roughly 10 per cent to 20 per cent on goods from all other countries.
If the president-elect makes good on the promise, many worry the cost of operating will soar for companies, including customers of Shopify, which sells e-commerce software to small businesses but also brands as big as Kylie Cosmetics and Victoria’s Secret.
These merchants may feel they have no choice but to pass on the increases to customers, perhaps sparking more inflation.
If Trump’s tariffs do come to fruition, Shopify’s president Harley Finkelstein pointed out China is “not a huge area” for Shopify.
However, “we can’t anticipate what every presidential administration is going to do,” he cautioned.
He likened the uncertainty facing the business community to the COVID-19 pandemic where Shopify had to help companies migrate online.
“Our job is no matter what comes the way of our merchants, we provide them with tools and service and support for them to navigate it really well,” he said.
Finkelstein was questioned about the forthcoming U.S. leadership change on a call meant to delve into Shopify’s latest earnings, which sent shares soaring 27 per cent to $158.63 shortly after Tuesday’s market open.
The Ottawa-based company, which keeps its books in U.S. dollars, reported US$828 million in net income for its third quarter, up from US$718 million in the same quarter last year, as its revenue rose 26 per cent.
Revenue for the period ended Sept. 30 totalled US$2.16 billion, up from US$1.71 billion a year earlier.
Subscription solutions revenue reached US$610 million, up from US$486 million in the same quarter last year.
Merchant solutions revenue amounted to US$1.55 billion, up from US$1.23 billion.
Shopify’s net income excluding the impact of equity investments totalled US$344 million for the quarter, up from US$173 million in the same quarter last year.
Daniel Chan, a TD Cowen analyst, said the results show Shopify has a leadership position in the e-commerce world and “a continued ability to gain market share.”
In its outlook for its fourth quarter of 2024, the company said it expects revenue to grow at a mid-to-high-twenties percentage rate on a year-over-year basis.
“Q4 guidance suggests Shopify will finish the year strong, with better-than-expected revenue growth and operating margin,” Chan pointed out in a note to investors.
This report by The Canadian Press was first published Nov. 12, 2024.
TORONTO – RioCan Real Estate Investment Trust says it has cut almost 10 per cent of its staff as it deals with a slowdown in the condo market and overall pushes for greater efficiency.
The company says the cuts, which amount to around 60 employees based on its last annual filing, will mean about $9 million in restructuring charges and should translate to about $8 million in annualized cash savings.
The job cuts come as RioCan and others scale back condo development plans as the market softens, but chief executive Jonathan Gitlin says the reductions were from a companywide efficiency effort.
RioCan says it doesn’t plan to start any new construction of mixed-use properties this year and well into 2025 as it adjusts to the shifting market demand.
The company reported a net income of $96.9 million in the third quarter, up from a loss of $73.5 million last year, as it saw a $159 million boost from a favourable change in the fair value of investment properties.
RioCan reported what it says is a record-breaking 97.8 per cent occupancy rate in the quarter including retail committed occupancy of 98.6 per cent.
This report by The Canadian Press was first published Nov. 12, 2024.
