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Virgin Galactic is exploring the potential enlargement of its house tourism operations to Italy, with plans to debate utilizing the Grottaglie Spaceport within the Puglia area with the Italian Civil Aviation Authority. At the moment launching suborbital flights from New Mexico, the corporate sees Italy as a strategic alternative to enter the European market and probably serve purchasers from Europe, the Center East, and past.
Mike Moses, who leads Virgin Galactic’s industrial spaceflight operations, believes the Italian location might generate annual revenues approaching $1 billion. The corporate will first conduct a two-year feasibility examine to evaluate the sensible points of building operations in Italy, marking a possible new chapter for the house tourism enterprise based by Richard Branson, which has not too long ago skilled flight suspensions and inventory worth challenges.
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