Latest news with #SpacePerspective
Travel Weekly
4 days ago
- Business
- Travel Weekly
European acquisition revives Space Perspective's space tourism ambitions
Space Perspective has been acquired by a European aerospace company, according to a law firm that represents the new owner. The law firm Cremades & Calvo-Sotelo, which represents EOS-X Space, announced this week that the company had acquired competitor Space Perspective after a competitive bidding process. EOS-X Space, based in Madrid, plans to operate luxury space tourism flights using high-altitude balloons. Space Perspective appeared to cease operations earlier this year after it was evicted from a Florida airport. The company did not respond to Travel Weekly inquiries earlier this year about its future. The company, which planned to send high-altitude balloons to the edge of space, also faced eviction proceedings from two other landlords. Amid its financial turmoil, Space Perspective ceased communication with clients, leading Signature Travel Network, which had a preferred-supplier agreement with the company, to instruct travel advisors to alert clients who had paid deposits about concerns for the company's future. But now, Space Perspective seems to be back on track to eventual operation with the acquisition, the price of which was not disclosed. Space Perspective will change its name, but that has not been announced, said Juan Miguel Olry de Labry y Lima, the communications manager for Cremades & Calvo-Sotelo. EOS-X Space said Space Perspective will operate autonomously with a U.S.-based headquarters and leadership. The company will retain part of its former team and accelerate operational development, the announcement said. "This is a historic opportunity for two companies that were once rivals to now collaborate in making manned space tourism a reality," said EOS-X Space CEO Kemel Kharbachi in the announcement. Space Perspective will operate a spaceport in Florida at the Kennedy Space Center for near-space flights and an assembly headquarters in California, according to the announcement. It is not clear where Space Perspective will operate within Kennedy Space Center; the company is facing eviction proceedings from landlord Space Florida at the center. "We want to emphasize that this is a completely new operation under different ownership," Olry de Labry y Lima said. "Any unpaid obligations belong to the prior company and are being addressed within the liquidation process. The New Space Perspective has initiated new and independent negotiations with Space Florida for our future operations at the facility." A new company with no contractual obligations The new version of Space Perspective has acquired the technology, assets and intellectual property of the former Space Perspective through an asset purchase agreement, he said. The new company will not assume debts or contractual obligations, including customer contracts or the reservation database. Client deposits for Space Perspective were held in escrow and are under the management of a liquidator or fiduciary as part of bankruptcy proceedings, Olry de Labry y Lima said. Space Perspective planned to charge $125,000 per seat on its capsule, but Olry de Labry y Lima said the company was "reassessing the entire customer journey and value proposition before reopening official sales."
USA Today
27-01-2025
- Business
- USA Today
321 Launch: Space news you may have missed over the past week (Jan. 27)
321 Launch: Space news you may have missed over the past week (Jan. 27) Show Caption Hide Caption Elon Musk gives thumbs-up during Donald Trump's inauguration speech Elon Musk was seen giving thumbs-up during Donald Trump's inaugural speech, where he vowed to put the American flag on Mars. SpaceX launch recap: Live updates from Starlink mission Tuesday from Cape Canaveral Launch recap: Scroll down to review live updates from the Tuesday, Jan. 21, liftoff of a SpaceX Falcon 9 rocket from Cape Canaveral on the Starlink 13-1 mission. Read the full story here. SpaceX launches Falcon 9 on Starlink mission Tuesday morning at NASA's Kennedy Space Center In the Space Coast's eighth launch of 2025 thus far, a SpaceX Falcon 9 took flight on another Starlink mission early Tuesday morning from NASA's Kennedy Space Center. The Falcon 9 lifted off at 12:24 a.m. EST from pad 39A, ascending into low-Earth orbit to deploy a payload of 21 Starlink internet satellites. Read the full story here. Space Perspective gets eviction summons from airport; company seeks investors for test flights Space Perspective was issued a five-day eviction summons Friday for the company's high-altitude balloon manufacturing factory and office facilities at Space Coast Regional Airport in Titusville after falling behind $90,295 in unpaid base rent in recent months, court records indicate. Only 17 months ago, Space Perspective officials hosted a crowd of Brevard County politicians, industry officials and media during a high-profile August 2023 ribbon-cutting ceremony dedicating the newly built 700-foot-long balloon factory on Bartow Way, just off an airport runway. Read the full story here. President Trump: 'American astronauts to plant the Stars and Stripes on the planet Mars' President Donald Trump made a bold promise to America minutes after taking the Oath of Office: pledging that an American flag would be planted on Mars. "The United States will once again consider itself a growing nation — one that increases our wealth, expands our territory, builds our cities, raises our expectations, and carries our flag into new and beautiful horizons. And we will pursue our manifest destiny into the stars, launching American astronauts to plant the stars and stripes on the planet Mars," President Trump said. Read the full story here. NASA Day of Remembrance: Tribute to fallen astronauts at Kennedy Space Center Visitor Complex The names of all fallen astronauts were read one by one, followed by the ringing of a bell after each name. Apollo 1. Challenger. Columbia. Every January, NASA remembers its fallen heroes during this dark time of year. Read the full story here. SpaceX targeting Monday afternoon for Falcon 9 rocket launch from NASA's Kennedy Space Center A SpaceX Falcon 9 rocket may streak across the Space Coast's skies Monday afternoon, the Federal Aviation Administration reports. SpaceX is targeting a 4½-hour launch window for another Starlink mission from 2:21 p.m. to 6:52 p.m. EST, an FAA operations plan advisory shows. Read the full story here. American Space Museum honors fallen NASA astronauts during Titusville remembrance ceremony NASA's Apollo 1, Challenger and Columbia tragedies remind Andrew Allen of the science fiction movie "The Day the Earth Stood Still," where Americans later recall what they were doing and what they were feeling when they heard the grim news. Allen was a U.S. Marine Corps pilot when he learned about the January 1986 space shuttle Challenger explosion — he had just finished flying an F/A-18 Hornet bombing practice run near Yuma, Arizona. Read the full story here. For the latest news from Cape Canaveral Space Force Station and NASA's Kennedy Space Center, visit Rick Neale is a Space Reporter at FLORIDA TODAY. Contact Neale at Rneale@ Twitter/X: @RickNeale1 Space is important to us and that's why we're working to bring you top coverage of the industry and Florida launches. Journalism like this takes time and resources. Please support it with a subscription here.
