Virgin Galactic [NYSE: SPCE] To Launch Spacesuits Designed By Partner Under Armour

Virgin Galactic Holdings, Inc. [NYSE: SPCE] has unveiled the spacesuits for the pilots of its space crafts. Under Armour [NYSE: UA] which is the space wear partner of Virgin Galactic has designed these uniforms for the pilot.

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Virgin Galactic has disclosed that the chief pilot Dave Mackay and pilot C.J. Sturckow will both be dressed in the outfits in the next flight which is scheduled on December 11. The outfit designed by Under Armour consists of a full spacesuit and footwear. These new outfits will be uniforms of pilots and the outfit will give a professional look to the pilot and give them confidence.

The outfit will also strengthen the company’s position by improving its image and reputation after the images of well-known pilots will be emerged. The flights were earlier postponed because of the coronavirus pandemic. It will be carried out solely by important employees and take no visitors or spectators from the media.

Shares of Virgin Galactic traded up 2.35% as it gained +0.66 during the trading session of Friday. In the past 52-weeks of trading, the company’s share fluctuated between the low range of $7.20 and a high range of $42.49.

It has surged 299.17% from its 52-weeks low and plunged -32.36% from its 52-weeks high. Looking at its liquidity, it has a current ratio of 6.80. This company’s market capitalization has remained high, hitting $6.58 billion at the time of writing.

Furthermore, Virgin Galactic uncovered that the outfit was designed with the purpose to provide comfort, support, movement, and temperature management during flight. Virgin Galactic pilots will not be physically out of their spacecraft during the flight thus they will not need a large safety suit related to the space search horizon.

This flight anticipates accomplishing a specific number of goals and targets, involving testing components of the customer cabin as well as evaluating the enhanced horizontal stabilizers and flight controls during a lift. The flight will also take shipments as part of the NASA Flight Opportunities Program.