Virgin Galactic CEO George Whitesides and Space Adventures Chairman Eric Anderson talk NewSpace at the DLD Conference in Munich.
Eric Anderson: We’ve sold a $150 million ticket for a circum-lunar mission that will start in 2015. Need to sell a second ticket; finalizing that sale now.
The video cuts off early, but Jeff Foust (@jeff_foust) Tweeted some additional notes:
— Whitesides: Virgin will spend about $500M before operations begin in 2012.
— Whitesides: expect Virgin Galactic to be cash flow positive “very quickly” once ops begin, flying ~500 in 1st year.
— George Whitesides says that if the US Gov’t allows the export of the WK2/SS2 system, the 1st place it will go is Abu Dhabi.