Virgin Hyperloop One has a new CEO and board chairman

High-speed futuristic transportation company Virgin Hyperloop One is changing up its leadership. CEO Rob Lloyd has left after three years at the helm and Jay Walder, who ran bike-sharing operator Motivate, is now heading up Virgin Hyperloop One, the company said Thursday. Sir Richard Branson, who stepped down as chairman in October, has been replaced […]

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Richard Branson steps down as chairman of Virgin Hyperloop One

Richard Branson has reportedly stepped down from the chairman role of Virgin Hyperloop One. In a statement, cited by Reuters, Branson said that the company would require a more time than he could devote to the company. “At this stage in the company’s evolution, I feel it needs a more hands-on Chair, who can focus on […]

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Virgin Galactic successfully tested its rocket-powered spacecraft today for the first time since 2014

Virgin Galactic took to the skies today for the first test of its rocket-powered spacecraft in over three years. The SpaceShipTwo launch platform deployed the USS Unity at a set altitude where the space craft will fire its engines for as long as 30 seconds bringing the craft to 1 1/2 the speed of sound. […]

View More Virgin Galactic successfully tested its rocket-powered spacecraft today for the first time since 2014

Virgin Hyperloop One said to add Richard Branson as Chair and raise $50M

 It’s probably no surprise that billionaire Richard Branson is going to be taking a more active role in Virgin Hyperloop One, considering the company adopted the “Virgin” moniker after Branson’s global co. became a key backer earlier this year. Now, Axios reports that he’ll be made chairman of the company, as it takes on an additional $50 million in funding to help… Read More

View More Virgin Hyperloop One said to add Richard Branson as Chair and raise $50M

Virgin Hyperloop One lines up two preliminary studies in India

 Hyperloop One, which is now Virgin Hyperloop One thanks to strong backing from billionaire Richard Branson, has signed a couple of new memorandums of understanding (MOUs) with Indian government agencies to conduct preliminary studies into hyperloop route construction feasibility. Virgin Hyperloop One’s goal (besides making their official name an increasingly difficult mouthful) is to… Read More

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Virgin creates Vox Space for its government-related launches

 The universe can welcome yet another entrant into the space race, and yet another company into Richard Branson’s portfolio.. TechCrunch has learned that Branson’s Virgin Orbit has quietly created VOX Space, a wholly owned subsidiary of its space freight business, that will focus on servicing government contracts from the U.S. and its political allies. For Virgin Orbit, the creation… Read More

View More Virgin creates Vox Space for its government-related launches

Virgin creates Vox Space for its government-related launches

 The universe can welcome yet another entrant into the space race, and yet another company into Richard Branson’s portfolio.. TechCrunch has learned that Branson’s Virgin Orbit has quietly created VOX Space, a wholly owned subsidiary of its space freight business, that will focus on servicing government contracts from the U.S. and its political allies. For Virgin Orbit, the creation… Read More

View More Virgin creates Vox Space for its government-related launches