Space tourism company Virgin Galactic Holdings (NYSE: SPCE) unveiled its next-generation spaceship today. The VSS Imagine becomes the company’s second active spacecraft, and its third overall. Its first, the VSS Enterprise, was destroyed in a test-flight accident in 2014. The VSS Imagine, which will begin test glide flights this summer, is the first in Virgin’s next-generation SpaceShip III fleet. Work has already begun on the second ship for the fleet.
The company’s current operating ship, the VSS Unity, has flown two test spaceflights to date. The VSS Imagine’s design has “taken the learnings we’ve had from all the flight testing on Unity,” CEO Michael Colglazier said in a CNBC interview.