Virgin Galactic

Virgin Galactic has revealed the Apeiron, a stratospheric aircraft for suborbital flights that will reach the stratosphere but not the internationally recognized 100‑km space boundary. Initial tests are to take place at Spaceport America in New Mexico, with test flights aimed for the second quarter of 2027; commercial operations could follow with two identical Apeiron vehicles and a mothership each. Early enthusiasm has faded: investor confidence is low and the share price has fallen from about $1,100 in 2021 to under $3. » More on golem.de

Virgin Galactic unveiled its new Delta-class spaceship, Apeiron, chosen by public vote, and says the lead craft will begin commercial flights in early Q2 2027 with a second ship following in late Q2/early Q3 2027. The company cited additional time needed for avionics software integration and exhaustive validation testing at Spaceport America. Apeiron departed the Mesa factory on a captive‑carry with the Eve launcher to complete software validation and prepare for flight tests, more than two years after the last commercial flight in June 2024. » More on theverge.com

Virgin Galactic reported Q2 2026 revenue of $134,000, well below the analyst consensus of about $1.06 million, prompting a roughly 10.9% premarket drop. The company pushed the first commercial flight to February 2027, citing additional time needed for avionics and system installations. Adjusted loss per share of $0.50 beat estimates, a flight tranche priced at $750,000 was oversubscribed, and the community now counts over 700 members. However, the quarterly report raises substantial doubts about the company’s ability to fund operations over the next twelve months; $134 million was raised in the quarter via an at‑the‑market program, which caused dilution. » More on de.investing.com

Virgin Galactic will release results for the quarter ended June 30, 2026, on August 12, 2026. Seven analysts on average forecast an EPS loss of -$0.643 (prior year: -$1.470) and expect quarterly revenue of about $0.1 million, down from $0.4 million in the year-ago quarter. For the current fiscal year, analysts see an average loss of -$2.533 per share and annual revenue of roughly $10.4 million (prior year: $1.5 million). » More on finanzen.net

Virgin Galactic announced it will prepay up to $30.5 million of its 9.80% senior notes (maturing 2026/2027) by issuing common stock, with $20.4 million of the amount due September 30, 2026 and at least $10.1 million due December 31, 2027. The redemption is to occur at par plus accrued interest on June 10, 2026; the exact redemption amount and number of shares issued will be determined based on the volume-weighted average price over a five‑day observation period, with a floor that could trigger a reduction in the repayment. If fully executed, no further principal repayments on these notes would be due through March 31, 2028; the move is part of the capital- and cash-management strategy ahead of planned commercial operations in Q4 2026. The company had already repaid $10 million on May 18, 2026, reported lower operating costs and improved cash flow in Q1 2026 but remains net loss-making; flight operation tests have resumed and a $2.75 million settlement in a shareholder lawsuit was provisionally approved. » More on de.investing.com