Virgin Galactic Strikes Deal With NASA to Work on Supersonic Rocket Travel

Alan Boyle, GeekWire

GeekWire contributing editor Alan Boyle is an award-winning science writer and veteran space reporter. Formerly of NBCNews.com, he is the author of "The Case for Pluto: How a Little Planet Made a Big Difference." Follow him via CosmicLog.com, on Twitter @b0yle, and on Facebook and MeWe.

Virgin Galactic Strikes Deal With NASA to Work on Supersonic Rocket Travel
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Virgin Galactic says it's signed a Space Act Agreement with NASA to collaborate on the development of supersonic vehicles for civil applications.

The agreement also involves The Spaceship Company, a Virgin Galactic subsidiary that manufactures the SpaceShipTwo rocket plane and its WhiteKnightTwo mothership. The SpaceShipTwo model known as VSS Unity has already flown to the 50-mile-high edge of space twicein California, and this week it conducted its first gliding flight test at Spaceport America, its new home in New Mexico.


Virgin Galactic founder Richard Branson has long said he plans to make use of SpaceShipTwo technology for high-speed, point-to-point travel between destinations on Earth. That application is a big reason why Boeing has invested $20 million in Virgin Galactic.

Also today, Virgin Galactic Holdings reported its first-quarter financial results, including a net loss of $60 million, revenue of $238,000 from engineering services, and a "strong cash position" with $419 million on hand. Virgin Galactic CEO George Whitesides said more than 400 refundable "One Small Step" deposits have been received from people in 44 countries who are interested in SpaceShipTwo flights. That's in addition to the 600 customers who already have signed up and paid up to $250,000 for a ticket to ride.


SpaceShipTwo Unity Completes First Flight From Spaceport Americayoutu.be


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Genies Wants To Help Creators Build ‘Avatar Ecosystems’

Christian Hetrick

Christian Hetrick is dot.LA's Entertainment Tech Reporter. He was formerly a business reporter for the Philadelphia Inquirer and reported on New Jersey politics for the Observer and the Press of Atlantic City.

Genies Wants To Help Creators Build ‘Avatar Ecosystems’

When avatar startup Genies raised $150 million in April, the company released an unusual message to the public: “Farewell.”

The Marina del Rey-based unicorn, which makes cartoon-like avatars for celebrities and aims to “build an avatar for every single person on Earth,” didn’t go under. Rather, Genies announced it would stay quiet for a while to focus on building avatar-creation products.

Genies representatives told dot.LA that the firm is now seeking more creators to try its creation tools for 3D avatars, digital fashion items and virtual experiences. On Thursday, the startup launched a three-week program called DIY Collective, which will mentor and financially support up-and-coming creatives.

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Here's What To Expect At LA Tech Week

Christian Hetrick

Christian Hetrick is dot.LA's Entertainment Tech Reporter. He was formerly a business reporter for the Philadelphia Inquirer and reported on New Jersey politics for the Observer and the Press of Atlantic City.

Here's What To Expect At LA Tech Week

LA Tech Week—a weeklong showcase of the region’s growing startup ecosystem—is coming this August.

The seven-day series of events, from Aug. 15 through Aug. 21, is a chance for the Los Angeles startup community to network, share insights and pitch themselves to investors. It comes a year after hundreds of people gathered for a similar event that allowed the L.A. tech community—often in the shadow of Silicon Valley—to flex its muscles.

From fireside chats with prominent founders to a panel on aerospace, here are some highlights from the roughly 30 events happening during LA Tech Week, including one hosted by dot.LA.

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LA Tech ‘Moves’: HyperDraft Taps LegalZoom Exec

Decerry Donato

Decerry Donato is a reporter at dot.LA. Prior to that, she was an editorial fellow at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

LA Tech ‘Moves’: HyperDraft Taps LegalZoom Exec
Photo by James Opas | Modified by Joshua Letona

“Moves,” our roundup of job changes in L.A. tech, is presented by Interchange.LA, dot.LA's recruiting and career platform connecting Southern California's most exciting companies with top tech talent. Create a free Interchange.LA profile here—and if you're looking for ways to supercharge your recruiting efforts, find out more about Interchange.LA's white-glove recruiting service by emailing Sharmineh O’Farrill Lewis (sharmineh@dot.la). Please send job changes and personnel moves to moves@dot.la.

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