Space Entrepreneurs Promise Point-to-Point Travel, Low-Cost Launches

Spinoffs Expected From Suborbital Vehicle Work
Space News

The development of commercial suborbital space vehicles should lead eventually to businesses such as commercial hypersonic point-to-point air travel and low-cost launches to low Earth orbit, according to spaceship builders, venture capitalists and other entrepreneurs who gathered here October 22-23 to take part in the International Symposium for Personal and Commercial Spaceflight.

The key to making those businesses profitable will be achieving safe, affordable and reliable access to space, Jeff Greason, president of XCOR Aerospace of Mojave, Calif., said at the conference, which was hosted by the New Mexico Space Grant Consortium. The private suborbital flight enterprise “builds up the infrastructure we need to go do the bigger and better things,” he added.