Virgin Group wants to form the world's first space tourism operator, "Virgin Galactic," licensing technology owned by Paul Allen used in the SpaceShipOne project. The licensing deal's value could reach $21.5 million, depending on how many spacecraft Virgin builds. Virgin also signed a deal with SpaceShipOne designer Burt Rutan to use the technology to build its tourism vehicle. Virgin Galactic's targeted launch date is early next year, with flights starting in 2007 if the ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Virgin Galactic To Use Rutan's Technology For Space Tourism".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.