Tuesday, 30 September 2008

Private Sector Access to Space

With all the current problems facing the US and global economy, the world missed a tremendous groundbreaking piece of news on Sunday.

Elon Musk, founder of PayPal, and the man behind SpaceX finally succeeded on Sunday in launch the first private sector funded satellite launcher/rocket.

Albeit after 3 previous attenpts, his company has now achieved what to date has been the exclusive domain of Governments, Government funded Corporations and International Organisations, building and launching a privately funded space launcher - Falcon 1.

With the impending launch of the Falcon 4 and development of its own cargo/human transport capsule, the exclusivity of access to space will slowly be eroded.

Here is the launch video:


Medium cost Space tourism within 20 years may yet be a reality!

Well done guys! Your Perseverance has paid off.