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Boeing and Virgin Galactic have settled a lawsuit stemming from their brief cooperation on Virgin Galactic's space tourism 'mothership,' according to a filing in Virginia federal court. In March, Boeing had sued Virgin Galactic, accusing the company of stealing trade secrets and refusing to pay $25 million. The lawsuit was related to tens of millions of dollars concerning their short-lived collaboration on Virgin's Mothership space tourism jet.
Boeing and Virgin Galactic settled a lawsuit over trade secrets and tens of millions of dollars related to their brief cooperation on Virgin’s Mothership space tourism jet. https://t.co/z6kpItRIPY
The reason why SpaceShipOne didn't have impact Peter Diamandis, Burt Rutan and Richard Branson promised it would comes down to technology. It was sufficient to win a prize by an arbitrary deadline. It proved to be a difficult technology to scale and base a profitable business on.
Boeing and Virgin Galactic settled a lawsuit stemming from the planemaker's work on Virgin's space tourism 'mothership,' according to a court filing. Boeing sued Virgin in March, accusing it of stealing trade secrets and refusing to pay $25 million https://t.co/6AfFQx2WKn https://t.co/AB9y1pEtlg
