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Low-Cost Space Travel

Private companies like Virgin Galactic and XCOR picked up the torch and announced they’ll start sending tourists on suborbital flights in the next two years from New Mexico and the Mojave Desert. Unfortunately, anybody wanting to reach for the stars will have to cough up a cosmic $250,000 for Virgin or $100,000 for XCOR – putting space travel beyond the reach of average mortals.

But there’s hope: New companies have arrived on the commercial spaceflight scene and say that affordable spacial travel is possible within our lifetime.

With the motto “Space for all,” Swiss Space Systems (S3) hopes to democratize access to the final frontier by offering affordable suborbital manned trips to the border of space within the next 10 years.

Space might be the stuff of dreams, but it’s also a rock-solid business opportunity. The research firm Utron puts the value of the “space tourism” market by 2021 at $700 million a year. With such profitable prospects, the low-cost space race is quickly gaining contenders, including the Danish Copenhagen Suborbital and the British Bristol Spaceplanes.

The newcomers may be a few steps behind Virgin and XCOR, but they seem more than ready to play the long game if it means giving customers an out-of-this-world experience at a manageable price of about $30,000.

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