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News & Features

Beyond the wild blue yonder

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Virginia Business
June 2005

Eric Anderson considers himself a tour operator, but you won’t find him chartering bus trips to Disney World or arranging hotel reservations in Paris. His destinations are just a little more far-flung. Space Adventures, based in Arlington, is the first-ever firm to offer tours of orbital and suborbital space. It also offers edge-of-space, zero-gravity and supersonic jet flights, astronaut training and simulator experiences.

Anderson, 30, an aerospace engineer and a University of Virginia alum, says that “there are a significant number of people out there who are inspired and fascinated by space and will do anything for the chance to get there.”

That includes shelling out a small fortune. Dennis Tito and Mark Shuttleworth, the world’s first space tourists were Space Adventures clients. They paid $20 million a piece to vacation (separately) on the International Space Station. A sizeable portion of that went to Anderson’s company, which basically acted as a “buyer’s agent,” negotiating their contracts with the Russian government and providing medical exams and some of the specialized training. Since then, Space Adventures has changed its business model, “offering a one-shop-stop” for the thrill-junkie multibillionaire in need of an orbital getaway. “The customer can now buy the flight directly from us,” says Anderson.

Anderson isn’t interested in just being an outlet for the super-wealthy. His 7-year-old company, which recently was listed among the state’s fastest-growing firms, has other offerings for adventure enthusiasts, private pilots and space lovers with sizeable entertainment budgets. A soon-to-be available program, for example, will — for $100,000 a shot — rocket travelers into suborbital space (just above the atmosphere) and a five-minute view of the Earth below.

Already, more than 2,000 customers have enjoyed Space Adventures’ programs. The company, which charters all of its air and spacecraft, has projected that it will gross more than $100 million a year from its suborbital space flights alone. Guess the sky’s no longer the limit.


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