Since Branson founded the company in 2004, Virgin Galactic has carried on through a series of delays and setbacks, including a fatal accident in 2014 that killed a pilot. Virgin Galactic said the move would give it the capital it needs to expand its fleet of spaceships and move into markets around the globe. ADADBlue Origin, the space company founded by Jeff Bezos, also plans to fly paying customers on suborbital flights to the edge of space. Colglazier comes to Virgin Galactic after 30 years at Disney, where he served as president and manager of Disney Parks International and as president of the Disneyland Resort. Virgin Galactic had wanted to unveil the cabin with a big ceremony, inviting VIPs, the media, customers and investors.

Source: Washington Post July 28, 2020 17:01 UTC