Space Adventures enters sub-orbital space tourism market

Space Adventures, Ltd., the only company currently providing human space mission opportunities to the world marketplace, announced that the company has entered into an exclusive marketing agreement with Armadillo Aerospace, LLC, a leading developer of reusable rocket powered vehicles. Space Adventures will exclusively market and sell commercial passenger experiences on Armadillo Aerospace’s future suborbital spaceflight vehicles that are currently in development.

“I am very pleased to announce Space Adventures’ agreement with Armadillo. I plan to provide more details next month at ISDC on the reasons why we chose Armadillo as our partner and how we envision this as a critical turning point for public access to space,” said Eric Anderson, president and CEO of Space Adventures.

“A decade of research and development has gotten us to the point where we can credibly talk about commercial passenger experiences. Everything is coming together – there is enough clarity in the technical, regulatory, and market factors that it is the right time to form a solid partnership with Space Adventures to help us take things through to commercial operation,” said John Carmack, president and CTO of Armadillo Aerospace.

Costs for a flight were announced at $102,000.

Details regarding the partnership will be announced on May 27 at the National Space Society’s International Space Development Conference (ISDC)  2010 at 11:15 a.m. (CDT). For conference registration details, please visit http://isdc.nss.org/2010/.

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