Virgin Galactic, the private space venture bankrolled by billionaire Sir Richard Branson, has signed an agreement with the Federal Aviation Administration (FAA) that spells out how the company will use U.S. airspace during its planned suborbital flights. Virgin Galactic officials have said they hope to begin commercial flights aboard SpaceShipTwo out of New Mexico's Spaceport America by the end of 2014. The deal, which was announced Thursday (May 29), outlines how Virgin Galactic will work with the FAA's air traffic control center Albuquerque and the New Mexico Spaceport Authority to safely provide clear airspace for SpaceShipTwo space plane. The company's CEO George Whitesides said the new agreement brings Virgin Galactic "another step closer" to its goal of starting routine and affordable space launches from Spaceport America.
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