CovOps
Location : Ether-Sphere Job/hobbies : Irrationality Exterminator Humor : Über Serious
| Subject: Virgin Galactic's Spaceship Readies For Commercial Flights Thu Mar 04, 2010 5:25 am | |
| Virgin Galactic, Richard Branson's commercial space flight venture, has announced that it will run test flights of its rocket-powered spaceship by 2011. Will Whitehorn, the company's president, claimed that Virgin had secured funding for its "spaceline" operations and would be turning a profit in as little as two years after launching its first commercial flight.
$200,000 tickets on the spaceship have sold to over 300 eager space tourists, whose deposits have plunked a good $45 million in Virgin's coffers. Another $280 million from an Abu Dhabi-backed investment firm that purchased a 32 percent stake in the company differentiates Virgin Galactic from other commercial space ventures that are still scrounging for funding.
http://www.theatlantic.com/business/archive/2010/03/virgin-galactics-spaceship-readies-for-commercial-flights/36961/?rss=36961 |
|