Wednesday, January 23, 2008

Spaceship 2 Unveiled

Richard Branson's Virgin Galactic unveiled the design for Spaceship 2. The craft was designed by Burt Rutan whos ship, Spaceship 1 was awarded the ten million dollar Ansari X Prize for privately funded space travel.

100 people have already signed up for a ride on Spaceship 2 at $200,000 a trip. Commercial flights will likely not begin until 2011 or 2012.

Branson and Rutan deserve great credit for pioneering the commercial space travel industry, but kudos are also due to the X Prize Foundation for demonstrating the power of the private sector, when properly motivated.

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