Article: Rocket Racing Inc., Armadillo Aerospace and New Mexico Create Joint Venture to Launch Private Suborbital Space Transportation Business.

NEW YORK, Oct. 24 /PRNewswire/ -- Space took a giant leap closer to earth today, following the launch of a new joint venture between Rocket Racing, Inc. (RRI), Armadillo Aerospace and the government of New Mexico. With a goal of sending adventurers into suborbital space with a target price of $100,000 per ticket or less, the three companies unveiled plans to field a fleet of reusable Vertical Take-Off and Landing (VTOL) vehicles (RLV) that will take flight from Spaceport America near Las Cruces, New Mexico. Each ship is slated to provide a cabin where passengers can float weightless with a 360-degree view of space. To date, other companies in the commercial space ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!