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?
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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?
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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)
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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)
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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)
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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)
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Dave Mackay, Chief Pilot, Virgin Galactic (Image credit: Virgin Galactic)
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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.
Netflix (NFLX) stock slid as much as 9.6% Friday after the company gave a second quarter revenue forecast that missed estimates and announced it would stop reporting quarterly subscriber metrics closely watched by Wall Street.
On Thursday, Netflix guided to second quarter revenue of $9.49 billion, a miss compared to consensus estimates of $9.51 billion.
The company said it will stop reporting quarterly membership numbers starting next year, along with average revenue per member, or ARM.
“As we’ve evolved our pricing and plans from a single to multiple tiers with different price points depending on the country, each incremental paid membership has a very different business impact,” the company said.
Netflix reported first quarter earnings that beat across the board on Thursday, with another 9 million-plus subscribers added in the quarter.
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Subscriber additions of 9.3 million beat expectations of 4.8 million and followed the 13 million net additions the streamer added in the fourth quarter. The company added 1.7 million paying users in Q1 2023.
Revenue beat Bloomberg consensus estimates of $9.27 billion to hit $9.37 billion in the quarter, an increase of 14.8% compared to the same period last year as the streamer leaned on revenue initiatives like its crackdown on password-sharing and ad-supported tier, in addition to the recent price hikes on certain subscription plans.
Netflix’s stock has been on a tear in recent months, with shares currently trading near the high end of its 52-week range. Wall Street analysts had warned that high expectations heading into the print could serve as an inherent risk to the stock price.
Earnings per share (EPS) beat estimates in the quarter, with the company reporting EPS of $5.28, well above consensus expectations of $4.52 and nearly double the $2.88 EPS figure it reported in the year-ago period. Netflix guided to second quarter EPS of $4.68, ahead of consensus calls for $4.54.
Profitability metrics also came in strong, with operating margins sitting at 28.1% for the first quarter compared to 21% in the same period last year.
The company previously guided to full-year 2024 operating margins of 24% after the metric grew to 21% from 18% in 2023. Netflix expects margins to tick down slightly in Q2 to 26.6%.
Free cash flow came in at $2.14 billion in the quarter, above consensus calls of $1.9 billion.
Meanwhile, ARM ticked up 1% year over year — matching the fourth quarter results. Wall Street analysts expect ARM to pick up later this year as both the ad-tier impact and price hike effects take hold.
On the ads front, ad-tier memberships increased 65% quarter over quarter after rising nearly 70% sequentially in Q3 2023 and Q4 2023. The ads plan now accounts for over 40% of all Netflix sign-ups in the markets it’s offered in.
Netflix reported first quarter earnings after the bell on Thursday. REUTERS/Dado Ruvic/File Photo (REUTERS / Reuters)
Alexandra Canal is a Senior Reporter at Yahoo Finance. Follow her on X @allie_canal, LinkedIn, and email her at alexandra.canal@yahoofinance.com.
Oil prices initially spiked on Friday due to unconfirmed reports of an Israeli missile strike on Iran.
Prices briefly reached above $90 per barrel before falling back as Iran denied the attack.
Iranian media reported activating their air defense systems, not an Israeli strike.
Oil prices gave up nearly all of early Friday’s gains after an Iranian official told Reuters that there hadn’t been a missile attack against Iran.
Oil surged by as much as $3 per barrel in Asian trade early on Friday after a U.S. official told ABC News today that Israel launched missile strikes against Iran in the early morning hours today. After briefly spiking to above $90 per barrel early on Friday in Asian trade, Brent fell back to $87.10 per barrel in the morning in Europe.
The news was later confirmed by Iranian media, which said the country’s air defense system took down three drones over the city of Isfahan, according to Al Jazeera. Flights to three cities including Tehran and Isfahan were suspended, Iranian media also reported.
Israel’s retaliation for Iran’s missile strikes last week was seen by most as a guarantee of escalation of the Middle East conflict since Iran had warned Tel Aviv that if it retaliates, so will Tehran in its turn and that retaliation would be on a greater scale than the missile strikes from last week. These developments were naturally seen as strongly bullish for oil prices.
However, hours after unconfirmed reports of an Israeli attack first emerged, Reuters quoted an Iranian official as saying that there was no missile strike carried out against Iran. The explosions that were heard in the large Iranian city of Isfahan were the result of the activation of the air defense systems of Iran, the official told Reuters.
Overall, Iran appears to downplay the event, with most official comments and news reports not mentioning Israel, Reuters notes.
The International Atomic Energy Agency (IAEA) said that “there is no damage to Iran’s nuclear sites,” confirming Iranian reports on the matter.
The Isfahan province is home to Iran’s nuclear site for uranium enrichment.
“Brent briefly soared back above $90 before reversing lower after Iranian media downplayed a retaliatory strike by Israel,” Saxo Bank said in a Friday note.
The $5 a barrel trading range in oil prices over the past week has been driven by traders attempting to “quantify the level of risk premium needed to reflect heightened tensions but with no impact on supply,” the bank said, adding “Expect prices to bid ahead of the weekend.”
At the time of writing Brent was trading at $87.34 and WTI at $83.14.
