NanoRacks & Kuang-Chi Announce Agreement on Near Space ‘Traveler’ Program

HAIKOU, China (NanoRacks PR) – Kuang-Chi Science LTD and NanoRacks LLC are pleased to announce a partnership to cooperate on Kuang-Chi’s Near Space helium spacecraft the ‘Traveler.’ The partnership will focus on the development of the Traveler program outside of China, leveraging Kuang-Chi’s Near Space technology and NanoRacks’ expertise in both in-space business development and customer marketing.

Kuang-Chi’s Traveler is a breakthrough platform in the emerging economy of space, offering secure and affordable access to suborbital space for space tourism and a wide variety of commercial applications, from ecological and terrestrial observation to satellite deployment and space research. The Traveler uses high-altitude helium buoyancy to gently transport people and payloads into Near Space, 25 kilometers above the Earth. Kuang-Chi and NanoRacks seek to cooperate to establish the Traveler as a commercially viable solution from a number of locations in China and worldwide.

The Traveler program is nearing the commercial market, having conducted a series of successful test flights in New Zealand and China in recent years. The most recent test mission reached a height over 21 kilometers and successfully transported a live turtle in a high-altitude cabin.

“We are nearing our goal of creating a space vehicle that can be used both for scientific research and provide commercial travel to Near Space,” noted Dr. Liu Ruopeng, the president and co-founder of Kuang-Chi. “Enabling Near Space travel to the general public is one of the dreams the founders of Kuang-Chi have had for many years. We welcome working with new partners to bring this dream to the market.”

“We are very excited to be working with Kuang-Chi on its Near Space Platform,” said NanoRacks CEO Jeffrey Manber. “This commercial partnership will allow NanoRacks to now offer even more in-space opportunities for our growing customer base. And we look forward to establishing a world-class facility for the Traveler research program in an international location to be announced in the near future.”