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2003 Fantastic
50
Service: Space
Adventures
by
Peter Galuszka
Virginia
Business
May 2003
|
|
|
Year
|
Revenue
Growth
|
| 1998 -
2001 |
1,098%
|
| 2000 -
2001 |
430%
|
| 1999 -
2000 |
41%
|
| 1998 -
1999 |
158%
|
|
At a once top-secret former Soviet
Air Force base 25 miles southeast of Moscow, American
space tourists get ready for their near-zero
weightlessness flight. Doctors from the Russian space
program give them quick physical exams and crewmen lead
them to an Ilyushin 76 jet cargo plane. Inside the belly
of the huge airplane is a large padded compartment.
Travelers sit on the floor as the aircraft rumbles off
the runway.
At about 30,000 feet, the aircraft
goes into a steep climb and then a sharp dive. The passengers
start feeling lighter as their legs lift off the deck.
The jet does this 30-second-long maneuver over and over
and, in time, the passengers experience near-zero weightlessness
just as Russian cosmonauts in training do. Some giggle
joyfully as they spin in balls without support. Others
launch themselves down the long cargo bay as if they
were Superman. Some find themselves ill.
Exotic rides like this are one
reason Arlington-based Space Adventures has racked up
a four-year growth rate that is sky high, too
1,098 percent. Since it was founded in 1997, the small
firm has exploited the constant fascination with aerospace
and the needs of the cash-hungry Russian military and
space program. The Russians are holders of the
key to a lot of fantastic space technology and only
after 1992 was it available to the West, says
Space Adventures President and Chairman Eric Anderson.
The 28-year-old former NASA engineer from Colorado is
a 1996 graduate of the University of Virginia with a
degree in aerospace engineering.
At prices starting at about $6,000,
Space Adventures offers an array of aerospace experiences
involving Russian-built trainer jets and late-model
MiG-29 Fulcrums and Sukhoi-27 Flankers that undergo
wrenching combat maneuvers. Tourists can see the blue-black
edge of space as they zoom to 85,000 feet in a MiG-25
Foxbat interceptor. The ultimate flight is one that
Space Adventures helped put together to propel civilians
into space. In April 2001, Wealthy American businessman
Dennis Tito paid $20 million to be launched atop a Russian
missile to the International Space Station. African
entrepreneur Mark Shuttleworth followed the next April.
Space Adventures does have competition,
namely Incredible Adventures, a Sarasota, Fla.-based
company that began the concept of space training for
tourists back in 1993. President Jane Riefert says that
Space Adventures had worked with her firm and then emerged
as a competitor. To her knowledge, her firm and Andersons
are the only ones in the U.S. offering such adventures.
The Virginia firm hopes to build
a commercial spaceport for space tourism
near the Kennedy Space Center in Florida. Once opened,
perhaps this year, the center will help solidify plans
for sub-orbital flights for space tourists. The aim
is for tourists to ride on Reusable Launch Vehicles
(RLVs) that may be deployed by NASA before 2005. For
a cool $98,000, space tourists may be able to undergo
training at the Florida center and then wait for slots
on the RLVs that fly higher than 62 miles above the
earth.
Both companies do face some limitations.
The U.S. military generally refuses to let its aircraft
be used for tourism, and the Columbia Space Shuttle
disaster has grounded U.S. manned space flights. Riefert
says that her firm doesnt push space flight, because
after a customer spends millions of dollars in training,
Theres no guarantee that youll get
approval from a space agency. Anderson is decidedly
more upbeat. The Space Shuttle flights will resume
by next winter, and well be going up again.
Return
to Virginia Business - May 2003
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