 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| . |  |
. |
 by Danielle Haynes Washington DC (UPI) Oct 25, 2019
Virgin Galactic is set to become the first commercial spaceflight company to be publicly traded on the New York Stock Exchange next week, a Securities and Exchange Commission filing indicates. The Wednesday filing shows the company, founded by Richard Branson, was expected to merge Friday with Social Capital Hedosophia, a venture capital firm. After the completion of the merger, the two companies were expected to trade under the ticker symbol SPCE on Monday. The two companies have a combined valuation of $1.5 billion. Branson will have a 51 percent controlling stake. Branson announced the merger and plans to begin publicly trading in July. He said the company's goal is to create a space tourism industry in which wealthy travelers spend more than $200,000 per seat to fly to the edge of space. Competitor Blue Origin, owned by Amazon founder Jeff Bezos, is after the same goal and plans to launch its first tourist into space by the end of this year. Elon Musk's SpaceX also aims to send tourists into space but has so far focused primarily on launching unmanned rockets with satellites and supplies for the International Space Station. Branson said he originally hoped for investment from Saudi Arabia, but pulled away after the death of journalist Jamal Khashoggi last fall. As part of Virgin Galactic's commercial spaceflight plans, the company, along with Under Armour, unveiled prototype spacesuits designed to explore the moon and Mars earlier this month. The uniforms include a spacesuit, training suit, footwear and a jacket. Source: United Press International
Russia customising Soyuz for tourist trips Moscow (Sputnik) Oct 24, 2019 A soyuz spaceship will be customised for a tourist trip to the International Space Station (ISS) so that one person may pilot it rather than a three-person crew, Sergei Krikalev, executive director for human spaceflight at Russia's space agency Roscosmos, said. "A ship for a specialised mission is being customised so that it will be easier for one person to pilot it, and some modes will not be duplicated as they are supposed to be. These are interface tweaks, to make it more convenient for a one-p ... read more
|
|||||||||||||
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |
del.icio.us
Digg
Reddit
Google
