📺 Stream EntrepreneurTV for Free 📺

Preparing for Its First Space Trip, Richard Branson's Virgin Galactic Breaks Sound Barrier With a rocket-powered test flight, the billionaire's space transportation company moves closer to its goal of shuttling tourists into space by 2014.

By Brian Patrick Eha

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Virgin Galactic's SpaceShipTwo blew past the speed of sound yesterday, marking a critical milestone in the company's quest to send paying passengers into space.

Preparing for its First Space Trip, Richard Branson's Virgin Galactic Breaks Sound Barrier
Richard Branson giving a high five to Mark Stucky
image credit: Mark Greenberg

The spacecraft reached a maximum speed of Mach 1.2 with its own rocket power. (Mach 1 is the speed of sound.) Richard Branson, founder of the Virgin empire, which includes space transportation company Virgin Galactic and commercial airline Virgin Atlantic, called the achievement "without any doubt, our single most important flight test to date." Following Monday's successful test, the company says it is on track to make its first space flight by the end of 2013, with the goal of beginning commercial space flights the following year.

During yesterday's test, a carrier aircraft brought SpaceShipTwo to an altitude of 44,000 feet before releasing it. At that point, the spacecraft's pilots triggered its rocket motor, reaching an altitude of 55,000 feet and breaking the sound barrier.

Preparing for its First Space Trip, Richard Branson's Virgin Galactic Breaks Sound Barrier
Close up of SS2 during successful rocket-powered flight
image credit: Virgin Galactic

"The successful outcome of this test marks a pivotal point for our program," said George Whitesides, president and chief executive of Virgin Galactic, in a statement. "We will now embark on a handful of similar powered flight tests, and then make our first test flight to space."

Virgin Galactic isn't the only private entity setting its sights beyond Earth's atmosphere. Elon Musk, founder and CEO of aerospace company SpaceX, took note of yesterday's milestone. "Congrats to @VirginGalactic and @RichardBranson on supersonic test flight!" Musk tweeted last night. The @VirginGalactic account replied, "Thanks, Elon!"

Musk's SpaceX is developing its own rockets and spacecraft. Last May, SpaceX delivered supplies to the International Space Station on its Dragon spacecraft, becoming the first private company to do so. And earlier this month, the company conducted a successful takeoff and landing test of its Grasshopper rocket, part of a launch system that could carry spacecraft and satellites into space.

Watch yesterday's Virgin Galactic test below.

Related: Inside the 'Insane' Life of Entrepreneur Elon Musk

Brian Patrick Eha is a freelance journalist and former assistant editor at Entrepreneur.com. He is writing a book about the global phenomenon of Bitcoin for Portfolio, an imprint of Penguin Random House. It will be published in 2015.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

These Coworkers-Turned-Friends Started a Side Hustle on Amazon — Now It's a 'Full Hustle' Earning Over $20 Million a Year: 'Jump in With Both Feet'

Achal Patel and Russell Gong met at a large consulting firm and "bonded over a shared vision to create a mission-led company."

Productivity

Want to Be More Productive? Here's How Google Executives Structure Their Schedules

These five tactics from inside Google will help you focus and protect your time.

Business News

These Are the 10 Most Profitable Cities for Airbnb Hosts, According to a New Report

Here's where Airbnb property owners and hosts are making the most money.

Side Hustle

How to Turn Your Hobby Into a Successful Business

A hobby, interest or charity project can turn into a money-making business if you know the right steps to take.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.