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If you love planes trains and automobiles as much as I do StrainsMediaTV is the one for you I am Andrew, the founder and presenter of StrainsMediaTv

BYD has revealed its new electric hot hatch, the Seal 06 GT
10/09/2024

BYD has revealed its new electric hot hatch, the Seal 06 GT

Dongfeng Nammi Box arrives in Europe as £19,500 Based on Dongfeng’s own platform, the Nammi Box uses a single 94bhp moto...
10/09/2024

Dongfeng Nammi Box arrives in Europe as £19,500

Based on Dongfeng’s own platform, the Nammi Box uses a single 94bhp motor to drive the front wheels. A 42.3kWh battery provides up to 193 miles of range on the WLTP test cycle. The e-C3, which at £21,035 is the Box’s clearest rival, offers 199 miles from its 44kWh battery and delivers 111bhp from its similarly front-mounted motor.

The Dacia Spring, which undercuts both by around £4,000, offers just 64bhp and a range of 137 miles from its 26.8kWh battery.

The Ford Sierra RS500 is being reborn as a carbon-bodied, sub-tonne, technological tour de force. A group of British aut...
10/09/2024

The Ford Sierra RS500 is being reborn as a carbon-bodied, sub-tonne, technological tour de force. A group of British automotive firms have partnered to create this reimagined 1980s super-saloon with input from Cosworth.

The original Ford Sierra RS500 was announced in July 1987 and was hand-assembled. It had a mechanically uprated Cosworth engine, modified bodywork, and 224bhp of power

Chinese EV firm Dongfeng has launched its first car in Europe: the Nammi Box, 198 miles of range
09/09/2024

Chinese EV firm Dongfeng has launched its first car in Europe: the Nammi Box, 198 miles of range

The Mercedes-Maybach SL 680 Monogram Series is the sportiest model in the history of the Maybach brand, which is part of...
09/09/2024

The Mercedes-Maybach SL 680 Monogram Series is the sportiest model in the history of the Maybach brand, which is part of Mercedes-Benz AG. The SL 680 features a unique combination of colors and materials for the interior and exterior, with the Maybach pattern as a linking design element

The new Rimac Nevera R is the fastest-accelerating road car yet, covering 0-62mph in just 1.81sec. The 2078bhp hypercar ...
09/09/2024

The new Rimac Nevera R is the fastest-accelerating road car yet, covering 0-62mph in just 1.81sec. The 2078bhp hypercar can also dispatch 0-186mph in a staggering 8.66sec.

It’s here The Lamborghini Temerario is the replacement for the Huracan, and was unveiled at Monterey Car Week in Califor...
09/09/2024

It’s here The Lamborghini Temerario is the replacement for the Huracan, and was unveiled at Monterey Car Week in California. The Temerario is a twin-turbocharged hybrid V8 super sports car with 907 go

Maserati unveiled a track-focused variant of its MC20 supercar, called the "MC20 GT2 Stradale", which is heavily inspire...
09/09/2024

Maserati unveiled a track-focused variant of its MC20 supercar, called the "MC20 GT2 Stradale", which is heavily inspired by GT2 racing regulations,

Touring Superleggera has unveiled a restomod of the Ferrari 550 Maranello called the Veloce 12, which features the origi...
09/09/2024

Touring Superleggera has unveiled a restomod of the Ferrari 550 Maranello called the Veloce 12, which features the original 5.5-liter V12 engine and a six-speed manual gearbox.

Tuthill has turned a 911 into a wild GT1 racer for the road
08/09/2024

Tuthill has turned a 911 into a wild GT1 racer for the road

Rolls-Royce show off the latest limited edition from its Bespoke coachbuilding division: at Pebble Beach to show off the...
08/09/2024

Rolls-Royce show off the latest limited edition from its Bespoke coachbuilding division: at Pebble Beach to show off the latest limited edition from its Bespoke coachbuilding division: a highly exclusive reworking of the Phantom, inspired by the marque's Spirit of Ecstacy mascot.

the Zeekr 7X offers two battery options for different driving needs: a 75kWh battery for a driving range of 375 miles or...
08/09/2024

the Zeekr 7X offers two battery options for different driving needs: a 75kWh battery for a driving range of 375 miles or a 100kWh unit with a 484-mile range.

The one-off Pininfarina Battista Targamerica is a 1874bhp hypercar with a humidorOne-off rebodied Battista makes its deb...
08/09/2024

The one-off Pininfarina Battista Targamerica is a 1874bhp hypercar with a humidor
One-off rebodied Battista makes its debut at the 2024 Monterey Car Week, marking Pininfarina’s return to coachbuilding

the Mazda EZ-6 is considered by many to be one of the best-looking electric saloons currently available, and is set to b...
08/09/2024

the Mazda EZ-6 is considered by many to be one of the best-looking electric saloons currently available, and is set to be launched in Europe

Volkswagen's first electric GTI, the ID. GTI, is designed to prioritize fun and "go-kart" handling over raw power:
08/09/2024

Volkswagen's first electric GTI, the ID. GTI, is designed to prioritize fun and "go-kart" handling over raw power:

A rebuild of the legendary Supervan took the spotlight at Ford’s ‘Transit Day’ celebration, held at the Dunton Technical...
08/09/2024

A rebuild of the legendary Supervan took the spotlight at Ford’s ‘Transit Day’ celebration, held at the Dunton Technical Centre, known as the Home of Transit, as the countdown to its 60th anniversary begins.

Accompanied by the fan-favourite Supervan 3 and the race-winning, all-electric Supervan 4.2, Transit Day marks the first time all three generations of Supervan have appeared together.

The original Supervan, introduced to the public in 1971, was powered by a V8 engine from a GT40 and built on a mid-engine Cooper Monaco chassis, all housed within a Transit body. Now, over fifty years later, a new Supervan has been rebuilt from the ground up using original components by Andy Browne, a former Ford engineering apprentice. Browne’s dedicated restoration pays tribute to the Supervan’s unique legacy and his late friend, Terry Drury.

Richard Branson's Virgin Galactic To Finalize Delta Class Spaceship Design By Q3, Eyes $1B In Revenue With Commercial Se...
08/08/2024

Richard Branson's Virgin Galactic To Finalize Delta Class Spaceship Design By Q3, Eyes $1B In Revenue With Commercial Service Starting In 2026

Virgin Galactic Holdings‘
SPCE
+14.2%Get Free Report
CEO Michael Colglazier said on Wednesday that the company will “substantially” wrap up the design phase of its Delta Class spaceships in the third quarter and then move on to the build and test phases.

Virgin Galactic’s Delta Class spaceships are on track for commercial service in 2026, the company said. Delta Class will replace the company’s VSS Unity spaceplane which had its last commercial flight in the second quarter.

“With unprecedented turn times and reusability metrics, our Delta ships are planned to disrupt the historic cost structure of human spaceflight and deliver strong profit margins,” Colglazier said during the company’s second-quarter earnings call.

The Delta Class spaceships will have an average turnaround time of just three days, company CFO Doug Ahrens said. Turnaround time, here, refers to the time required between two flights of a single launch vehicle.

Financial Impact Of Delta Spaceships: Following the initial ramp-up period following the launch of the company’s first two Delta class spaceships, Virgin Galactic expects to have the capacity to deliver approximately 125 spaceflights per year.

Each spaceship will have six seats and with the current price of $600,000 per seat, this would allow annualized revenue of $450 million and adjusted EBITDA of over $100 million, Ahrens said. Following the addition of another mothership such as the VMS Eve and two more spaceships to the company’s fleet, it expects flight capacity to increase to around 275 flights per year with annual revenue going up to about $1 billion with about 1,650 seats sold per year.

However, the company will reassess pricing once it opens up sales for the Delta ships, Ahrens said.

Even as the company scales its fleet, Virgin Galactic expects demand to far exceed supply. The company, hence, also plans to build additional spaceports in other parts of the globe, Ahrens said.

Why It Matters: Despite its high expectations for the future, Virgin Galactic posted a net loss of $94 million for the second quarter, compared to a $134 million net loss in the second quarter of 2023, with the improvement primarily driven by lower operating expenses.

Quarterly revenue came in at $4.22 million, which beat the analyst consensus estimate of $3.361 million by 25.56% and represents a 125.55% increase from the same period last year.

Virgin Galactic sees free cash flow for the third quarter of 2024 to be in the range of negative $115 million to negative $125 million.

:Virgin Galactic shares closed down 6.6% at $5.27 on Wednesday. The stock is down nearly 89% year-to-date,

This one-off Rolls-Royce Spectre has an eye-catching yellow colorwayThe car also features a trippy marbled design on its...
08/08/2024

This one-off Rolls-Royce Spectre has an eye-catching yellow colorway
The car also features a trippy marbled design on its hood

08/08/2024

Welcome to the new Virgin Galactic Delta class spaceship which will be able to carry more passengers and instead of once a month Delta class will be able to fly twice a week

Virgin Galactic’s Delta Class spaceship design is backed by years of engineering The re-usability and turn time capabilities being built into the Delta ships are planned to deliver high capacity These production model spaceships are game-changers in human spaceflight.

’

Nilu27 is a new hypercar brand created by Koenigsegg’s former chief of design
07/08/2024

Nilu27 is a new hypercar brand created by Koenigsegg’s former chief of design

06/08/2024

The Ford Capri is back as electric SUV

06/08/2024

The New 2024 Nissan Z Heritage Edition - First Look

06/08/2024

The New 2024 AUDI Q6 e-tron quattro glacier white - First Look

45 years after the Aston Martin Bulldog was born it finally hit 200mph, Aston Martin built the Bulldog to reach 200 mph,...
06/08/2024

45 years after the Aston Martin Bulldog was born it finally hit 200mph,

Aston Martin built the Bulldog to reach 200 mph, but failed
Aston wasn’t doing well back then, so they only made one

The UK company in charge of the restoration, Classic Motor Cars Unlimited, borrowed the only Bulldog in existence from the American collector who owns it.

The car was in good condition, but not perfect, and it needed some work.
It took them a while, ‘thousands of hours’ in their own words, but they finally did it.
In 2023, after restoring the car, they reached 205.4 mph, or 330.5 km/h.

45 years later, the restored concept managed to finally hit 200 mph.

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Welcome to the new Virgin Galactic Delta class spaceship which will be able to carry more passengers and fly twice a week
Welcome to the new Virgin Galactic Delta class spaceship which will be able to carry more passengers and fly twice a week

Welcome to the new Virgin Galactic Delta class spaceship which will be able to carry more passengers and instead of once a month Delta class will be able to fly twice a week Virgin Galactic’s Delta Class spaceship design is backed by years of engineering The re-usability and turn time capabilities being built into the Delta ships are planned to deliver high capacity These production model spaceships are game-changers in human spaceflight. #VirginGalactic’

The Ford Capri is back as electric SUV
The Ford Capri is back as electric SUV

The Ford Capri is back as electric SUV

The New 2024 Nissan Z Heritage Edition - First Look
The New 2024 Nissan Z Heritage Edition - First Look

The New 2024 Nissan Z Heritage Edition - First Look

The New 2024 AUDI Q6 e-tron quattro glacier white - First Look
The New 2024 AUDI Q6 e-tron quattro glacier white - First Look

The New 2024 AUDI Q6 e-tron quattro glacier white - First Look

The New CONTINENTAL GTC SPEED
The New CONTINENTAL GTC SPEED

The New CONTINENTAL GTC SPEED

The new BMW M5 is a 717bhp plug-in hybrid
The new BMW M5 is a 717bhp plug-in hybrid

The new BMW M5 is a 717bhp plug-in hybrid

The new BMW M5 717bhp plug-in hybrid
The new BMW M5 717bhp plug-in hybrid

The new BMW M5 717bhp plug-in hybrid

The New 2024 Porsche 911 Carrera GTS facelift
The New 2024 Porsche 911 Carrera GTS facelift

The New 2024 Porsche 911 Carrera GTS facelift

The new Maserati GranCabrio Folgore
The new Maserati GranCabrio Folgore

The new Maserati GranCabrio Folgore Tignanello: the first 100% electric luxury convertible

The New 2025 Volkswagen Jetta GLI facelift revealed!
The New 2025 Volkswagen Jetta GLI facelift revealed!

The New 2025 Volkswagen Jetta GLI facelift revealed!

The 2024 New Audi RS Q8 facelift
The 2024 New Audi RS Q8 facelift

The 2024 New Audi RS Q8 facelift

Virgin Atlantic's 40th birthday party in London arrived,
Virgin Atlantic's 40th birthday party in London arrived,

Virgin Atlantic's 40th birthday party in London arrived,

DeLorean Revival 2024 with the DeLoreans back at test track for the first time in over 40 years #dollingstownclassiccarclub. #deloreanrevival #strainmediatv #wheresandrew

DeLorean Revival 2024 with 59 DeLoreans back at the factory for the first time in over 40 years 2024 #dollingstownclassiccarclub. #deloreanrevival #strainmediatv #wheresandrew

DeLorean test track Reveal 2024
DeLorean test track Reveal 2024

StrainsMediaTX at the once-in-a-lifetime historic event DeLorean test track Reveal 2024 #wheresandrew #dollingstownclassiccarclub. #deloreanrevival #strainmediatv

The Ford Capri is back
The Ford Capri is back

The legend is back The Capri returns as electric SUV After a 38-years #FordCapri

The New Aston Martin Valiant officially revealed! First Look!
The New Aston Martin Valiant officially revealed! First Look!

The New Aston Martin Valiant officially revealed! First Look!

The BUGATTI TOURBILLON an automotive icon ‘Pour l’éternité’
The BUGATTI TOURBILLON an automotive icon ‘Pour l’éternité’

The BUGATTI TOURBILLON an automotive icon ‘Pour l’éternité’

Toyota RAV4 - 30th anniversary
Toyota RAV4 - 30th anniversary

Toyota RAV4 - 30th anniversary

Ford F-150 Lightning SuperTruck - teaser trailer
Ford F-150 Lightning SuperTruck - teaser trailer

Ford F-150 Lightning SuperTruck - teaser trailer

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