RRL+AA+NM=new suborbital transportation business

[Swampcat]

<p><strong><font color="#990099">Rocket Racing Inc., Armadillo Aerospace and New Mexico Create Joint Venture to Launch Private Suborbital Space Transportation Business</font></strong></p> <p>Space took a giant leap closer to earth today, following the launch of a new joint venture between Rocket Racing, Inc. (RRI), Armadillo Aerospace and the government of New Mexico. With a goal of sending adventurers into suborbital space with a target price of $100,000 per ticket or less, the three companies unveiled plans to field a fleet of reusable Vertical Take-Off and Landing (VTOL) vehicles (RLV) that will take flight from Spaceport America near Las Cruces, New Mexico. Each ship is slated to provide a cabin where passengers can float weightless with a 360-degree view of space. To date, other companies in the commercial space industry have promised rides to similar altitudes featuring small porthole-sized views for more than $200,000.</p> <p>"I am honored that Rocket Racing, Inc. and Armadillo Aerospace have chosen New Mexico to set up shop," said Governor Bill Richardson. "Spaceport America and the State of New Mexico are proud partners and together we are writing the next chapter of space transportation."</p> <p>Under the terms of the partnership, Armadillo Aerospace will develop the reusable launch vehicles and provide ground support and equipment. The State of New Mexico will supply launch facility infrastructure and resources. Rocket Racing Technology Development, a wholly owned subsidiary of Rocket Racing Inc., will provide financing for, and business and operational management of, the partnership. Reservations, experience marketing, customer training and the coordination of the passengers' overall experience will be managed exclusively by a third partner company that will be announced when marketing efforts begin.</p> <div class="Discussion_UserSignature"> <font size="3" color="#ff9900"><p><font size="1" color="#993300"><strong><em>------------------------------------------------------------------- </em></strong></font></p><p><font size="1" color="#993300"><strong><em>"I hold it that a little rebellion now and then is a good thing, and as necessary in the political world as storms in the physical. Unsuccessful rebellions, indeed, generally establish the encroachments on the rights of the people which have produced them. An observation of this truth should render honest republican governors so mild in their punishment of rebellions as not to discourage them too much. It is a medicine necessary for the sound health of government."</em></strong></font></p><p><font size="1" color="#993300"><strong>Thomas Jefferson</strong></font></p></font> </div>