XCOR announces South Korean deal
Posted: Fri, Dec 18, 2009, 6:54 AM ET (1154 GMT)
Suborbital vehicle developer XCOR Aerospace announced Thursday that it has won a contract to provide suborbital flight services for a South Korean organization. XCOR Aerospace said that Yecheon Astro Space Center had agreed to a "wet lease" of a Lynx Mark 2 vehicle, with XCOR providing and operating the vehicle for space tourism and other missions. The deal is valued at $30 million, with Yecheon forming a "broad coalition" of regional and national organizations to fund the project. The deal would require XCOR to get export control approvals from the US government, and South Korea to establish an appropriate regulatory framework for commercial suborbital flights.
Suborbital vehicle developer XCOR Aerospace announced Thursday that it has won a contract to provide suborbital flight services for a South Korean organization. XCOR Aerospace said that Yecheon Astro Space Center had agreed to a "wet lease" of a Lynx Mark 2 vehicle, with XCOR providing and operating the vehicle for space tourism and other missions. The deal is valued at $30 million, with Yecheon forming a "broad coalition" of regional and national organizations to fund the project. The deal would require XCOR to get export control approvals from the US government, and South Korea to establish an appropriate regulatory framework for commercial suborbital flights.| <<previous article | next article>> |
|
news in brief
|
|
Space Force selects companies to develop space-based interceptor prototypes
Posted: Sun, Nov 30 8:40 AM ET (1340 GMT) |
|
news links
|
|
Monday, December 1
Spaceport Cornwall shortlisted as testing location
BBC — 5:57 am ET (1057 GMT) 'We’d love to be in India': Elon Musk makes the case for Starlink’s rural connectivity mission
Business Today — 5:57 am ET (1057 GMT) Russia’s War Drones Still Using Starlink Despite Pentagon Crackdown
United24 Media — 5:56 am ET (1056 GMT) On Space Command: Springs focuses on the mission, not politics
Colorado Springs Gazette — 5:54 am ET (1054 GMT) China's first space documentary screened in Bulgaria
Xinhua — 5:52 am ET (1052 GMT) |
