APR 2024 CURRENT MEMBERSHIP 1182 MEMBERS | PERFORMANCE - RIO ARC (GBP) £258.08 +7.85% (1 Year) | RIO ARC (USD) $245.81 +7.75% (1 Year) | RIO REGULAR INVESTMENT ACCOUNT $263.18 +12.30% (1 Year) | RIO REGULAR INVESTMENT ACCOUNT (GBP) £224.08 +8.28% (1 Year) | RIO PLATINUM ACCOUNT £237.13 +1.25% (1 Year) | RIO PLATINUM ACCOUNT (USD) $184.28 +2.68% (1 Year) | RIO SILVER LINING ACCOUNT $168.59 +4.64% (1 Year)


RIO Forbes Articles
Forbes October 2022
Forbes June 2022
Forbes March 2022
Forbes December 2021
Forbes September 2021
Forbes June 2021
Forbes February 2021
Forbes October 2020
Forbes August 2020
Forbes May 2020
Forbes Nov 2019
Forbes May 2019
Forbes July 2018
Forbes August 2017
Forbes June 2016
Forbes July 2014
Forbes March 2012

RIO Stock Trading Reports
RIO Stock Trading GBP Apr2024
RIO Stock Trading USD Apr2024
RIO Stock Trading GBP Feb2024
RIO Stock Trading USD Feb2024
RIO Stock Trading USD Dec2023
RIO Stock Trading GBP Dec2023
RIO Stock Trading GBP Oct2023
RIO Stock Trading USD Oct2023
RIO Stock Trading GBP Jul2023
RIO Stock Trading USD Jul2023
RIO Stock Trading USD Feb2023
RIO Stock Trading GBP Jan2023
RIO Stock Trading USD Jan2023
RIO Stock Trading Oct2022
RIO Stock Trading GBP Jun2022
RIO Stock Trading USD Jun2022

RIO Press Articles
Globe Asia - Jun 2011
Globe Asia - Currency Wars Nov 2010
Player Magazine - Born Trader 2009

Smart Money Reports
Smart Money Report Mar2024
Smart Money Report Feb2024
Smart Money Report Nov2023
Smart Money Report Oct2023
Smart Money Report Jul2023
Smart Money Report Apr2023
Smart Money Report Jan2023
RIO Smart Money Oct2022

RIO ARC Reports
ARC USD Report Feb2024
ARC USD Report Oct2023
ARC GBP Report Oct2023
ARC USD Report Jul2023
ARC Report May 2023

RIO Platinum USD/GBP Reports
RIO Platinum USD Nov2023
RIO Platinum GBP Oct2023
RIO Platinum USD Jan2023
RIO Platinum GBP Jan2023
RIO Platinum GBP Oct2022

RIO Silver Lining Reports
RIOP Silver Ling GBP Apr2024
Silver Lining GBP Report Oct2023
Silver Lining USD Report Oct2023
Silver Lining Report Jan2023
Silver Lining Report Oct2022
RIO 888 Reports
RIO 888 Oct 2023
RIO 888 Jul 2023
RIO 888 May 2023
RIO 888 (VO) Oct 2022
RIO 888 Oct 2022
RIO 888 Apr 2022
RIO 888 Mar 2022
RIO 888 Feb 2022
RIO 888 Jan 2022
RIO 888 Aug 2021
RIO 888 Jun 2021
RIO 888 May 2021
RIO 888 Apr 2021
RIO 888 Aug 2020
RIO 888 Apr 2020
RIO 888 Jan 2020
RIO 888 Nov 2019


RIO Currency Concept Reports
Currency Concept Report Dec2023
Currency Concept Report Oct2023
Currency Concept Report Apr2023
Currency Concept Report Oct2022
Currency Concept Report Jan2022

RIO Property Reports
Property Report Feb2024
Property Market Report Nov2023
Property Report Oct2023
Property Report Jan2023
Property Report Oct2022


RIO Regular Reports
Regular USD Report Feb2024
Regular USD Report Nov2023
Regular GBP Report Oct2023
Regular GBP Report Jul2023
Regular USD Report Jul2023

General RIO Club Reports
Gold Report Nov2023
Gold Jan2023
End of Year Summary 2022
Gold Dec2022
More on Gold Jun2022

General Investment Reports
Gold Report Mar2024
Santa Rally? Dec2023
Inflation Mar2023
Bull or Bear? Mar2023
UK Property Report Feb2023

RIO Live Charts
Live Gold Price
Live Silver Price
Live Platinum Price
RIO ARC USD Vs. Live Gold
RIO Silver Lining USD Vs. Live Silver
RIO Platinum USD Vs. Live Platinum
RIO Regular Performance
RIO Currency Concept Performance


RIO Charity and Sponsorship
RIO Sponsors ATGT 2023
RIO Sponsors JSAS Burns Supper 2023
RIO Sponsors PHGT 2022
RIO Sponsors the JSAS Ball Nov 2022
RIO Joins the Rotary Club


Health Wealth and Happiness



Download the historic RIO magazines

 

Virgin Galactic set to launch its first commercial rocket plane spaceflight

Virgin Galactic  -- (SPCE) A three-man crew from Italy is set on Thursday to board a passenger rocket plane operated by Virgin Galactic, the venture British billionaire Richard Branson founded in 2004, for the company's first commercial flight to the edge of space.

The two Italian air force officers and an aerospace engineer from the National Research Council of Italy were to join their Virgin Galactic instructor and the spaceplane's two pilots on a suborbital ride taking them about 50 miles (80 km) above the New Mexico desert.

The flight, dubbed Galactic 01, comes two years after Branson himself rode along with five other Virgin Galactic Holdings Inc personnel for the company's first fully crewed test spaceflight of its rocket plane, VSS Unity.

Back then, Virgin Galactic officials said they expected to begin regular commercial operations in 2022 following additional test flights. But completion of the test campaign took longer than anticipated after federal regulators grounded the rocket plane for 11 weeks while the company was under investigation for deviating from its assigned airspace on ascent during the July 2021 flight. A final crewed test flight to space was conducted successfully but with less fanfare five weeks ago.

Virgin Galactic is one of a handful of private ventures, including SpaceX and Blue Origin, catering to wealthy would-be citizen astronauts willing to pay large sums of money to experience the exhilaration of supersonic rocket speed, weightlessness and the spectacle of spaceflight.

The mission of the Italian team flying on Thursday, however, was touted as a scientific one, with the three men planning to collect biometric data, measure cognitive performance and record how certain liquids and solids mix in microgravity conditions.

ITALIAN RESEARCH MISSION

For Italian Air Force Colonel Walter Villadei, the flight is also part of his astronaut training for a future mission to the International Space Station.

Joining him on Thursday are two Italian colleagues - Air Force Lieutenant Colonel Angelo Landolfi, a physician and flight surgeon, and Pantaleone Carlucci, a research council member acting as flight engineer and payload specialist.

Taking the fourth passenger seat is their Virgin Galactic trainer, Colin Bennett, who earned his astronaut wings on the July 2021 flight with Branson as the company's lead operations engineer. Unity will be operated by two Virgin Galactic pilots - retired U.S. Air Force Lieutenant Colonel Michael Masucci and Nicola Pecile, who formerly held the same rank in the Italian air force.

Thursday's 90-minute flight profile is expected to follow the sequence Unity flew two years ago and again in May.

The gleaming white spaceplane was set to take off from Spaceport America, a state-owned facility near the New Mexico town of Truth of Consequences, attached to the underside of its dual-fuselage carrier jet, VMS Eve, named for Branson's late mother.

Reaching its high-altitude launch point at about 50,000 feet (9.5 miles/15.24 km), Unity is to be released from the mothership and fall away as the spaceplane's rocket is ignited, sending the vehicle streaking straight upward at supersonic speed to the blackness of space some 50-55 miles (80-89 km) high.

At the apex of its climb, the rocket shuts down and the crew experiences a few minutes of near weightlessness before the spaceplane shifts into re-entry mode to begin a gliding descent to a runway back at the spaceport.

If all goes smoothly, Unity would fly again in early August, with monthly flights thereafter, the company said.

Virgin Galactic had projected booking its first 1,000 paying customers, charging about $250,000 per seat, by the time commercial service opened. Corporate officials have said they envision eventually building a large enough fleet to accommodate 400 flights annually.

Demonstrating that rocket travel is safe for the public is key. An earlier prototype of Virgin Galactic's rocket plane crashed during a test flight over California's Mojave Desert in 2014, killing one pilot and seriously injuring another. Passengers are now required to sign a pre-flight waiver acknowledging the risks and lack of government regulation over space tourism.

Bragging rights over what is considered true spaceflight also has factored into the business.

NASA and the U.S. Air Force both define an astronaut as anyone who has flown to an altitude of 50 miles (80 km) or more.

Billionaire rival Jeff Bezos, whose astro-tourist venture Blue Origin has already flown several commercial passenger flights, has disparaged Virgin Galactic as falling short of a true spaceflight experience.

Unlike Unity, according to Bezos, Blue Origin's suborbital New Shepard rocketship tops the 62-mile-high-mark (100 km), called the Karman line, set by an international aeronautics body as defining the boundary between Earth's atmosphere and space.

 



©Copyright 2000 - 2024 The RIO Club http://www.therioclub.com