Billionaire space race the 2016 International Astronautical Congress in Guadalajara, Mexico, Blue Origin President Rob Meyerson elaborated on the Bezos vision previously outlined in the New Glenn announcement. The Blue Origin New Armstrong would be similar in function to the SpaceX Interplanetary Transport System that Elon Musk unveiled at the same conference. Blue Origin and Virgin Galactic are in the same market, suborbital space tourism, with New Shepard and SpaceShipTwo (Tier 1b), respectively. They are in a race to be first to launch paying customers on short spaceshots, with rival technological philosophies of space capsules and spaceplanes, respectively Virgin Galactic and SpaceX support
Virgin Money Australia A&G Insurance Services and also announced their strategic alliance with CitiBank, with plans to launch a suite of retail banking services in 2010. Virgin Money credit cards were relaunched in Australia on 27 July 2010 with two card types: the Velocity Rewards Credit Card, co-branded with Velocity Frequent Flyer, and the No Annual Fee Credit Card. All credit cards are also co-branded with Visa credit card. In 2013 Virgin Money Australia was bought by Bank of Queensland for $40 million. Under the deal, Bank of Queensland have rights to the Virgin Money name in Australia for four decades while paying