Virgin Galactic Virgin Galactic Virgin Galactic is a spaceflight company within the Virgin Group. It is developing commercial spacecraft and aims to provide suborbital spaceflights to space tourists and suborbital launches for space science missions. Virgin Galactic plans to provide orbital human spaceflights as well. SpaceShipTwo, Virgin Galactic's suborbital spacecraft, is air launched from beneath a carrier airplane known as White Knight Two. Virgin Galactic's founder, Sir Richard Branson, had initially suggested that he hoped to see a maiden flight by the end of 2009, but this date has been delayed on a number of occasions, most recently by the October 2014
Economy of the British Virgin Islands New York telephoned him with a proposal to incorporate a company in the British Virgin Islands to take advantage of a double taxation relief treaty with the United States. Within the space of a few years, hundreds of such companies had been incorporated. This eventually came to the attention of the United States government, who unilaterally revoked the Treaty in 1981. In 1984, the British Virgin Islands, trying to recapture some of the lost offshore business, enacted a new form of companies legislation, the International Business Companies Act, under which an offshore company which was exempt from local taxes could