Virgin Galactic Teams Up With US Lab To Boost High-Altitude Imaging Tech
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Virgin Galactic announced a collaboration with Lawrence Livermore National Laboratory to enhance high-altitude imaging technology using LLNL sensor systems on its launch vehicles. This initiative aims to advance next-generation image-capture capabilities. Despite a stock rise, Virgin Galactic shares are down 45% year-to-date, with a recent capital realignment plan to reduce debt and raise cash. The company reported $365,000 in revenue last quarter, missing expectations, and plans to start commercial operations by the end of 2026.
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