SPACE ADVENTURES ANNOUNCES EXCLUSIVE MARKETING AGREEMENT WITH ARMADILLO AEROSPAC

[jacqmans]

SPACE ADVENTURES ANNOUNCES EXCLUSIVE MARKETING AGREEMENT WITH ARMADILLO AEROSPACE

Details regarding partnership will be announced on May 27 at ISDC 2010


Vienna, Va. – April 29, 2010 -- Space Adventures, Ltd., the only company currently providing human space mission opportunities to the world marketplace, today announced that the company has entered into an exclusive marketing agreement with Armadillo Aerospace, LLC, a leading developer of reusable rocket powered vehicles.  Space Adventures will exclusively market and sell commercial passenger experiences on Armadillo Aerospace’s future suborbital spaceflight vehicles that are currently in development.


“I am very pleased to announce Space Adventures’ agreement with Armadillo. I plan to provide more details next month at ISDC on the reasons why we chose Armadillo as our partner and how we envision this as a critical turning point for public access to space,” said Eric Anderson, president and CEO of Space Adventures.

“A decade of research and development has gotten us to the point where we can credibly talk about commercial passenger experiences.  Everything is coming together – there is enough clarity in the technical, regulatory, and market factors that it is the right time to form a solid partnership with Space Adventures to help us take things through to commercial operation,” said John Carmack, president and CTO of Armadillo Aerospace.


Mr. Anderson will address ISDC 2010 attendees on May 27 at 11:15 a.m. (CDT).  For conference registration details, please visit http://isdc.nss.org/2010/.  His speech will also be posted to Space Adventures’ home page (www.spaceadventures.com) no later than May 28.


About Space Adventures:

Space Adventures, the company that organized the flights for the world's first private space explorers, is headquartered in Vienna, Va. with an office in Moscow. It offers a variety of programs such as the availability today for spaceflight missions to the International Space Station and around the moon, Zero-Gravity flights, cosmonaut training, spaceflight qualification programs and reservations on future suborbital spacecrafts. The company's advisory board includes Apollo 11 moonwalker Buzz Aldrin, Shuttle astronauts Sam Durrance, Tom Jones, Byron Lichtenberg, Norm Thagard, Kathy Thornton, Pierre Thuot, Charles Walker, Skylab/Shuttle astronaut Owen Garriott and Russian cosmonaut Yuri Usachev.  For more information, please visit www.spaceadventures.com.


About Armadillo Aerospace:

Armadillo Aerospace is a leading developer of reusable rocket powered vehicles. Founded in 2000, Armadillo Aerospace has an unequaled experience base with over 200 flight tests spread over a dozen different vehicles. The company has done work for NASA and the United States Air Force, and flown vehicles at every X-Prize Cup event. For more information, please visit www.armadilloaerospace.com.

 

[Danderman]

This is a very important development, although its not clear if its good news or bad.

[DanielW]

I don't see how it could be bad news.  We know that Space Adventures is capable of marketing the flights should they become available.

Other than that Armadillo now has the impetus to get it done and get it right.  This agreement may not result in actual flights, but it will breed progress.