At $200,000 a ticket it isn’t cheap but it is definitely out of this world and you get a great view. Virgin Galactic’s plans to be the first space tourism business really took off after SpaceShipOne won the Ansari X-Prize back in 2004.
Virgin Galactic
The science-fiction pundits were wrong. The future of space travel doesn’t look like a Buck Rogers-style rocket poised to roar straight up into the twinkling heavens from a tinkerer’s backyard. What space travel will look like, according to a company called Stratolaunch Systems−which includes board member and backyard tinkerer Burt Rutan−is kind of unsurprising, more airplane-like, although no less fantastical.
EADS Astrium (Stand H23) is displaying a model of its proposed Space Plane, which would require seven years of development between actual program launch and first commercial flight.
Global airlines are still suffering reduced demand for flights, but the Virgin Group’s dream of launching passenger flights into space has received a boost in the form of significant new investment from Abu Dhabi’s Aabar Investments. The Middle East firm will invest about $280 million to take a 32-percent stake in Virgin Galactic, valuing the subsidiary at almost $900 million.
When aerospace designer Burt Rutan rolled out his manned suborbital spaceflight program and its centerpiece, SpaceShipOne (SS1), from its Mojave, Calif., hangar in April last year, reporters asked about his plans for space tourism. Rutan said he himself wasn’t interested in launching a space tourism business, but he hoped others would be able to use his technology “sometime in the future” to begin a new space industry.
Northrop Grumman now owns 100 percent of Mojave, Calif.-based Scaled Composites. On August 24, Northrop Grumman, which already owned 40 percent of Scaled, closed on the purchase of the remaining 60 percent. Scaled continues to work on the program to deliver SpaceShipTwo to Virgin Galactic.
For many years, companies such as Space Expeditions, Space Adventures and even some airlines have been seriously talking about lofting paying passengers into space on privately operated (non-governmental) vehicles. When Burt Rutan’s SpaceShipOne won the X-Prize on Oct. 5, 2004, it dawned on people that this idea was a real near-term probability.
A relaxed regulatory environment and increasing development in the fledgling space tourism industry may lead to opportunities for privately owned passenger-carrying space vehicles by the end of the decade, suggested government and industry officials at space-related hearings and conferences in February.
Virgin Group boss Sir Richard Branson is touting the UAE as one of the world’s first space tourism centers when his Virgin Galactic venture begins suborbital flights at the end of the decade.