Free Press Release Distribution Service. PressNote is an Online Press Release Distribution and Press Release Submission Services.
Commercial space flights to generate more than $600 million, study suggests
Commercial suborbital space flights should bring in between $600 million and $1.6 billion in revenue in their first decade of operations, according to a study commissioned by the US.
Commercial space flights to generate more than $600 million, study suggests rishcosys
rishcosys on Wednesday, December 24, 2014
reviews [0]

Tourism drives about 80 per cent of the demand for suborbital flights, which reach about 63 miles above the planet's surface before plunging back through the atmosphere.

The thrill ride gives fliers a few minutes to float in microgravity and a view of the Earth set against the blackness of space.
Virgin Galactic, an offshoot of Richard Branson's London-based Virgin Group, is one of six firms developing reusable suborbital spaceships, an analysis by The Tauri Group of Alexandria, Virginia, found.

Prices currently range from $200,000 for a ride on Virgin Galactic's SpaceShipTwo, a six-passenger, two-pilot vehicle currently undergoing testing, to $95,000 for a flight on privately held XCOR Aerospace's planned two-seater Lynx vehicle.
Virgin Galactic, which is aiming to begin commercial service around 2014, already has $70 million in deposits from 536 people, Chief Executive George Whitesides said at a related congressional hearing on Wednesday.

» Not yet reviewed by any member. You can be the first one to write a review.

» You must be logged in to post a comment.
Related Articles
It’s one of the most expensive grocery deliveries in history. And it’s also the first-ever space mission by a private company to re-supply the International Space.... The social-networking website is now worth almost half what it was when it floated on the Nasdaq in May.It has lost nearly $50 billion in value -- more than the total valuation....