Sean King

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Knoxville, Tennessee, United States

Friday, July 31, 2009

Space Tourism

Popsci.com: Space tourism is coming to the Middle East, as Abu Dhabi-based Aabar investments announced today it has taken a $280 million, 32 percent stake in Virgin Galactic. As part of the deal, which is still pending regulatory approval, Aabar plans to build a spaceport in Abu Dhabi, the capital of the United Arab Emirates, and will have rights to all Virgin Galactic traffic in that region. Aabar is also setting aside $100 million to build a small satellite launching facility, suggesting that the team plans to use the spaceport as a base for scientific research as well as space tourism.


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