![]() "The thing to note about space is that the feedback cycle is a bit longer," Hatch said. ![]() Virgin Galactic recently announced an investment from Boeing, as the venture is looking at whether it can mature its space tourism technology and build rockets capable of point-to-point high-speed travel. The former is also developing a rocket for space tourists, while the latter plans to use its massive Starship rocket as a means of traveling from one place to another on Earth quickly, known as point-to-point space travel. Virgin Galactic shares similarities with two other space ventures built by billionaires this century: Blue Origin and SpaceX. ![]() "This is just the first step for many, many other larger and more significant space opportunities." "This is extremely significant for the space community, as - other than Skybox being acquired by Google and MDA acquiring Digital Globe - this is really the third liquidity event in the space industry and it's another invitation for investors to invest in the space sector," Hatch said. ![]()
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