A U.S. judge on Monday said British billionaire entrepreneur Richard Branson must face shareholder claims he concealed problems in Virgin Galactic Holdings Inc’s spaceship program, and sold hundreds of millions of dollars of stock at inflated prices. While dismissing most …
Space, the ‘final frontier’, is rapidly becoming an extra-terrestrial battleground for corporate espionage and other types of cyber attack as hackers seek to gain commercial advantage from rival networks operating in the $330-billion space economy. At the same time, a …
Fiery failures are no stranger to the space game. It’s what happens when you push the boundaries of what technology can do, where people can go. And it happened again to Virgin Galactic’s SpaceShipTwo. In the past decade, the space …
A spacecraft for Richard Branson’s Virgin Galactic Ltd. tourism operator crashed during a test flight in California’s Mojave Desert, killing the co-pilot and injuring the pilot. The pilot ejected and suffered “moderate to major injuries,” Kern County Sheriff’s spokesman Ray …
The Legislature entered the final week of its 60-day session with many major issues still unresolved, but lawmakers have given final approval to a proposal to help New Mexico develop a commercial space travel industry. Legislation to limit the liability …
The New Mexico House has unanimously approved a proposal to limit the liability of spacecraft manufacturers and their suppliers in order to bolster the state’s developing space travel industry. An identical bill has passed the Senate, and Republican Gov. Susana …
Virgin Galactic says it supports newly proposed New Mexico legislation to limit liability of spacecraft part suppliers from damage lawsuits by passengers on space tourism flights launched from the state. Virgin Galactic President George Whitesides also confirms that the company …
Spaceport America has been urging legislators to limit potential lawsuits from wealthy outer space tourists who take off from New Mexico, saying such a bill is crucial to the future of the project. At issue is liability for passengers who …
