Posted: Wed, Mar 26, 2008, 6:45 AM ET (1045 GMT)
XCOR Aerospace announced Wednesday plans to develop a suborbital rocketplane that could start flying people to the edge of space in two years. The Lynx vehicle would take off from a runway under rocket power and fly to an altitude of over 60 km before gliding back to a runway landing. The total flight would last about a half-hour, including a couple minutes of weightlessness. XCOR expects to have the vehicle ready for flights in 2010, focusing primarily on space tourism but also including research and education applications. Lynx is projected to cost $10 million to develop, with ticket prices projected to be about $100,000.

Related Links:

•  Wall Street Journal article (subscription required)
•  SPACE.com article
•  AP article
•  Bakersfield Californian article
•  XCOR Aerospace press release