Tue, Apr 12, 2005
They'll Produce Small Payload Launch Vehicles For Sub-Orbital
Travel
Studies show that 70 percent of Americans would buy a flight
into space if they had the chance and the cost was reasonable. Now
a cooperative agreement between Beyond-Earth Enterprises and XCOR
Aerospace will develop greater accessibility to space for everyone
in a safe, reliable, and affordable manner. The agreement will
allow Beyond-Earth to purchase manufactured components from XCOR
for standardized production of small payload launch vehicles.
Beyond-Earth Enterprises is a commercial firm dedicated to making
small payload launches affordable. XCOR Aerospace is a small,
private company aimed at producing rocket engines and rocket
powered vehicles.
"This is the first step toward making space accessible for
commercial ventures," said Joe Latrell, CEO of Beyond-Earth
Enterprises. "We want to be instrumental in creating standardized
production components. When an airline company or package delivery
service needs a new vehicle, they don't build it, they buy it from
a company who specializes in airplane or truck production."
Latrell said Beyond-Earth is highly motivated to encourage the
average American to reach for space again. "We want the public to
realize that they could go to space someday very soon," he
said.
"Now is a great time for cooperative arrangements like this,"
said XCOR CEO Jeff Greason. "The commercial applications from
scientific research to space tourism are within reach. Cooperation
such as this is essential to making that happen. Beyond-Earth and
XCOR will each focus on their areas of expertise while expanding
the overall market for space related products."
Under the agreement, XCOR focuses on rocket engine
development, one of its core strengths, while Beyond-Earth
concentrates on developing inexpensive alternatives to existing
space launch systems and help revitalize the American public's
interest in space. Beyond-Earth and XCOR expect this unique
alliance to prove the reliability, safety, and affordability of
complete rocket systems. The combined goal is to produce
profitable, low-cost transportation vehicles capable of Earth
orbit.
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