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Article: Virgin Galactic and New Mexico state agree to build US$200 million spaceport
- Article from:
- AP Worldstream
- Article date:
- December 13, 2005
- Author:
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JANE WARDELL, AP Business Writer
AP Worldstream
12-13-2005
Dateline: LONDON
Virgin Galactic, the British company created by entrepreneur Richard Branson to send the first tourists into space, and New Mexico announced an agreement Tuesday for the U.S. state to build a US$225 million (euro190 million) spaceport.
Virgin Galactic also revealed that up to 38,000 people from 126 countries have paid a deposit for a seat on one of its manned commercial flights, including a core group of 100 "founders" who have paid the initial US$200,000 (euro170,000) cost of a flight upfront. Virgin Galactic is planning to begin flights in late 2008 or early 2009.
New Mexico Economic Development Secretary Rick ...