space news from around the webin association with SpaceNews

Rutan, Branson announce joint venture
Posted: Thu, Jul 28, 2005, 7:24 PM ET (2324 GMT)
SpaceShipOne in Virgin livery (Virgin Galactic) Entrepreneur Sir Richard Branson and Scaled Composites president Burt Rutan announced Wednesday that the two had formed a joint venture to manufacture commercial suborbital spacecraft. The Spaceship Company, as the joint venture is called, will be responsible for the manufacture of the SpaceShipTwo (SS2) spacecraft and its carrier aircraft, White Knight Two. SS2 will be based on the SpaceShipOne design that captured the $10 million Ansari X Prize last year by performing two manned flights to 100 kilometers altitude twice in less than two weeks. Shortly before those flights Branson announced that he had formed a company, Virgin Galactic, that would offer commercial suborbital space tourist flights, and would license the SS1 technology from Rutan and Paul Allen, the billionaire who funded the SS1 effort. The Spaceship Company will be jointly owned by Virgin and Scaled, with Rutan leading its technical development team under a contract between the joint venture and Scaled. Virgin Galactic has placed orders for five SS2 spacecraft and two carrier aircraft, and also has exclusive commercial rights to any such vehicles for the first 18 months of commercial operations, which Virgin has previous stated should begin in 2008.
<<previous article   next article>>
news in brief

"Monster" planet puzzles astronomers
Posted: Sun, Nov 5 10:14 AM ET (1514 GMT)

Chairman of House Science Committee to retire
Posted: Sun, Nov 5 10:13 AM ET (1513 GMT)

news links
Thursday, November 23
Cover Story: The ultimate frontier market
The Edge Daily (Malaysia) — 1:58 am ET (0658 GMT)
Next-generation weather satellite in orbit, gets new name
Huntsville Times — 1:56 am ET (0656 GMT)
Successful First International Moon Village Workshop at ISU
International Space University — 1:53 am ET (0653 GMT)
The Short Life and Death of a Space Tourism Company
Air & Space — 1:51 am ET (0651 GMT)
Building for a Future in Space
University College Dublin Observer — 1:47 am ET (0647 GMT)

about   ·   ·   mailing list