FIND MEMBERS
SiliconIndia News - General, Business, Technology, Ventures, Weekend - Silicon India
News Spotlight  |  General  |  Business  |  Technology  |  Ventures  |  Weekend

Zip into space from 2012 for just Rs.11 million



Hyderabad: Rich and spirited Indians can look forward to fly into space and orbit the earth from 2012 for about Rs.11 million onboard a Euro shuttle.

The European Aeronautic Defence and Space (EADS) Astrium will launch space tourism packages for global customers with a fleet of space shuttle in the next five years.


"Customers willing to cough up Euro 200,000 (about Rs.11.2 million) can take the ride for a space picnic in lower orbits lasting a few hours and return with all the thrills of celestial excitement," Astrium chief engineer and space tourism project manager Christophe Chavagnac said here Friday.

Addressing the 58th International Astronautical Congress (IAC 2007) here, Chavagnac told delegates the once-a-week trip will be in a space plane that would take off like an aeroplane and get into hypersonic mode to zip like a rocket into outer space to about 100 km above earth.

"Space tourists will be able to experience what has been a privilege of about 450 astronauts and cosmonauts who flew into outer space and beyond over the past five decades on scientific and exploratory missions," Chavagnac pointed out.

The company plans to begin the space tourist project from 2009 when the initial $1-billion funding is expected.

  1  2  3    Next >>

IANS


Today’s top news

Business BPO firms in India to cross $1 Bn mark
  Business Process Outsourcing (BPO) sector in India is growing faster ensuring a steady development. Many of the big players in this sector are going to enter the billion ...
Business 'Small cities fail to attract huge investments in IT sector'
  Poor infrastructure facilities limit the potential of the small cities in Tamil Nadu in attracting major investments in IT sector, though they offer huge cost advantage c...
Business India in top league of investors in Britain
  Indian companies are in the top league of foreign investors in Britain, according to government figures published Thursday.
Business India adds 27.45 Mn more mobile subscribers
  India added 27.45 million mobile subscribers in the quarter ended March 31, taking the total number of connections to 261.07 million, new data showed Thursday.

Technology IT firms have a tough time as clients cut budget
  This may be one of the worst times the IT firms have ever faced. Instability in Global market and the U.S recession have made the firms hard to sustain.
Technology 'Open access can vastly help Indian science'
  India can make the most out of its investments in scientific research to spur its growth and promote domestic talent through the Open Access route, a global expert in the...
Technology KLM opts for Kerala firm's crew management solution
  IBS Software Services, a provider of information technology (IT) solutions to the travel, transportation and logistics industry, has signed an agreement with KLM Royal Du...
Technology Government doubles 3G reserve price
  Internet Service providers(ISPs) in India facing a tough time to move ahead with their future plans with the government of India's decision to double the reserve price fo...
Business India's direct tax collections up 38 percent
  In spite of a slowdown in the growth of both industrial production and merchandise exports, India's direct tax collections rose by as much as 38.61 percent in the first q...
Ventures IFC to invest $15 Mn in Mumbai pharma firm
  International Finance Corp (IFC), a World Bank arm, will invest $15 million in Mumbai-based pharmaceutical outsourcing company Hikal by way of equity participation.

Our Sponsors