Millions of people tuned in to a livestream on Chinese shopping platform Taobao to purchase two tickets for passage on the first Chinese rocket ship to take tourists to space. The tickets, priced at 1,000,000 yuan (around $140,000), sold out immediately, with the identities of the ticket buyers not disclosed.
The Indian space industry is valued at $8 billion today but it can grow to $40-100 billion by 2040, if we play our cards right, a report by consultancy firm Arthur D. Little has revealed. For that, we need to establish India as a satellite manufacturing hub, and create programs under ISRO According to a recent report by consultancy firm …
Austin, Texas CNN Business — Virgin Galactic’s supersonic rocket plane was scheduled to fire into the upper atmosphere Saturday, but after climbing more than 40,000 feet over New Mexico attached to its mothership, the space plane made an unexpected turn toward home rather than shooting skyward. We will check the vehicle and be back to flight soon.” A follow-up statement …
New York CNN Business — Blue Origin, the rocket company founded by Jeff Bezos, successfully completed another test launch of its space tourism rocket. It marked the 11th uncrewed test of Blue Origin’s New Shepard rocket, and it could be one of the last before the company starts selling tickets and sending its first customers to space. New Shepard will …