A privately funded rockethas won a $ 10 million US dollar prize for the first commercially viable manned spacecraft, report agencies. SpaceShipOne, commanded by test pilot Brian Binnie touched down......
Revolutionary new experiments spurred by prize money have triggered hopes that space tourism would become a reality in the near future.Twenty-seven teams from seven countries are in the fray to......
Entrepreneur and philanthropist Paul G Allen and aerospace pioneer Burt Rutan plan to develop the next generation of space travel. Stratolaunch Systems, founded by Paul G. Allen, is a private......
Whenever you think of Microsoft, the only name that crosses one's mind is Bill Gates. But the tech behemoth was co-founded in 1975 by Gates and Paul Allen. Photograph: Anthony P......
If a NASA-based competition is anything to go by, then private firms seem all eager to conceptualize flights to the Moon. According to a report in Discovery News, the first $1 million prize for......
Sixty-two-year-old pilot Mike Melvill, on Monday, became the first human to fly a privately built ship beyond the Earth's atmosphere, as the world's first commercial space flight took off from a......
In the first step towards opening space flights to private individuals, the United States has issued a license for a manned suborbital rocket.The Federal Aviation Administration gave a one-year......