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WorldÂ’s largest aerospace company Boeing is investing $20 million in the leading spaceship company Virgin Galactic to transform commercial space travel and mobility technology.

Details are provided below:

  • Virgin Galactic is a pioneer of commercial human space flight and is the first and only company to put humans into space in a vehicle built for commercial service.
  • “Boeing’s strategic investment facilitates our effort to drive the commercialization of space and broaden consumer access to safe, efficient, and environmentally responsible new forms of transportation,” said Brian Schettler, senior managing director of Boeing HorizonX Ventures. “Our work with Virgin Galactic, and others, will help unlock the future of space travel and high-speed mobility.”

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