Space Adventures to Build Spaceport in Singapore
Posted on: Tuesday, 21 February 2006, 09:00 CST
Space Adventures to build spaceport in Singapore
SINGAPORE, Feb. 20 (Xinhua) -- Space Adventures, an America- based space experiences company, announced Monday that it will build an integrated spaceport in Singapore.
Apart from sub-orbital space flights, which will cost 100,000 U. S. dollars per person, the spaceport is also expected to offer zero- gravity flights, high performance jet flights for gravity- force and high altitude training, space camp, as well as an astronaut-for-a- day program.
Estimated to cost at least 115 million U.S. dollars, which will be partially funded by the private sector including Singapore- based companies and the Crown Prince of Ras Al-Khaimah in the United Arab Emirates, the facility is scheduled to be ready by 2009 in the vicinity of Singapore's Changi Airport.
Space tourism has enormous commercial possibilities with the market potential for sub-orbital space flights alone being estimated at 1 billion U.S. dollars annually, according to Eric Anderson, President and Chief Executive Officer of Space Adventures.
Local media reports said that this world-class center of commercial, educational and tourist attractions will generate 3 billion Singapore dollars (about 1.8 billion U.S. dollars) in business and create an additional 5,000 jobs over 10 years in the island state.
Established in 1998, Space Adventures is the only company in the world that has sent private citizens to space.
Source: Xinhua News Agency - CEIS
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