Boeing to invest $20M in Virgin Galactic, marking a milestone team-up in commercial space

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Boeing to invest $20M in Virgin Galactic, marking a milestone team-up in commercial spaceBoeing says it's planning to invest $20 million in Virgin Galactic once it goes public, potentially unlocking a new level of synergy for commercial space travel. For Virgin Galactic, the deal will provide an extra dose of cash — but also access to Boeing's decades of expertise in providing aerospace products and services. In return, Boeing will have an inside track to the market for commercial space travel — which is part of CEO Dennis Muilenburg's vision for a continuum of aerospace transportation. "Space tourism, space factories … that whole ecosystem is evolving, and we’ll be deeply involved in the… Read More


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