Virgin Galactic is a commercial spaceflight company that sells tickets to private individuals, researchers, and government agencies for suborbital spaceflights. The core product is a roughly 90-minute experience where passengers are carried to ~45,000 feet by a carrier aircraft, then rocket to the edge of space at Mach 3+, spend several minutes in weightlessness, and glide back to a runway landing at Spaceport America in New Mexico. Tickets are currently priced at $750,000 per seat for private astronauts, with six seats per spaceship. Research missions — carrying scientific payloads and researcher-astronauts for institutions like NASA, the Italian Air Force, and Purdue University — are a secondary but growing revenue stream. Virgin Galactic completed seven commercial spaceflights with its original spaceship, VSS Unity, before pausing operations in mid-2024 to focus on its next-generation Delta-class spaceships, with test flights targeted for Q3 2026 and commercial service resuming in Q4 2026. The business model depends on flight frequency and revenue per flight: with two Delta-class spaceships each flying twice per week, the company targets ~125 missions per year. The hybrid rocket motor is the primary consumable cost per flight, while the airframe is designed for 500+ reuses. Virgin Galactic collects customer deposits well in advance of flights, and roughly 675 customers hold reservations representing ~$188M in expected future revenue. Longer-term growth involves adding a second carrier aircraft and expanding to additional spaceports, including a potential site in Italy.