November 21, 2024 3:36 pm
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Space tourism company says it’s ‘making progress’ on Valley plant; Jordan Rose, founder and president of Rose Law Group, comments

Space X rocket launch

By Jacob Maranda | Phoenix Business Journal

Space tourism company Virgin Galactic (NYSE: SPCE) on Tuesday said its spacecraft manufacturing facility in Mesa is coming along and that it is on track to resume commercial service in the second quarter of this year.

Virgin Galactic CEO Michael Colglazier said during the company’s fourth-quarter earnings call that the company was “making progress” on the Mesa facility, which was first announced last summer as the place where its next-generation spaceships will be assembled.

Read the full subscription story from the Phoenix Business Journal.

“Space tourism is the next fronterier and they are way in front of demand” said Rose Law Group Founder and President Jordan Rose, whose law firm has an active Space Law department (even assisting with agreements relating to the Lunar Rovar).”

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