Branson family to make first trip as space tourists
Source: BI-ME with AFP , Author: Posted by BI-ME staff
Posted: Wed July 11, 2012 6:57 pm

INTERNATIONAL. British tycoon Richard Branson said Wednesday that he and his family will be the first on board his new Virgin Galactic space tourism programme.

Outlining his plans at Farnborough Air Show, Branson said he and his son Sam and daughter Holly hoped to make the journey on the SpaceShipTwo (SS2) aircraft by the end of 2013.

The WhiteKnightTwo aircraft that will help launch SS2 into space will also be used for a new launch vehicle, LauncherOne, which will take small satellites into space for around a tenth of the present cost, Branson said.

"Next year Holly and Sam will be joining me for a first voyage into space," he told a press conference at the show southwest of London.

"Going into space is a hard business. It keeps my mind buzzing."

Around 120 people have already signed up to make the 60-mile, two-hour journey into space -- at a cost of £128,000 (US$200,000) each.

Branson added: "Virgin Galactic's goal is to revolutionise the way we get to space."

LauncherOne is expected to begin operations in 2016 and can carry up to 227 kilos (500 pounds) of weight.

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

date:Posted: December 9, 2016
UAE. New research from Bain & Company and Red Hat indicates that many traditional companies are at an early stage in their digital journey; leaders stand out based on their use of advanced technologies, such as cloud computing, advanced analytics and modern app development.
date:Posted: December 9, 2016
UAE. Insurers have been prompted to prepare for the effects that VAT and changes to international financial reporting standards (IFRS) will have on their industry as well as assessing the impact of new insurance regulations that came into effect earlier this year.
date:Posted: December 7, 2016
INTERNATIONAL. Will this be the year when China exceeds growth expectations, Brexit turns into Bremain, the Mexican peso soars and Italian banks turn out to the best performing equity asset class?
UAE. Insurers have been prompted to prepare for the effects that VAT and changes to international financial reporting standards (IFRS) will have on their industry as well as assessing the impact of new insurance regulations that came into effect earlier this year.
dhgate