Space & Astronomy

Commercial space flights to generate $1.6B ?

By T.K. Randall
August 2, 2012 ·  2 comments

Image Credit: NASA Space tourism accounts for 80% of demand for suborbital space flights and Richard Branson's Virgin Galactic is set to be the first of several companies vying for a share in the fledgling sector. With over 536 potential passengers providing a collective deposit of $70 million in advance of the company's planned 2014 launch date, interest in space tourism is at an all-time high.

"Our analysis indicates that about 8,000 high-net-worth individuals from across the globe are sufficiently interested and have spending patterns likely to result in the purchase of a suborbital flight - one-third from the United States," said a recent report.

Source: Telegraph | Comments (2)

Tags: