Wednesday, March 19, 2008

SA Acquires Zero G

Space Adventures, the company that sells flights to ISS and has plans to offer flights around the Moon, announced today it has acquired, as of January 1, 2008, the remaining piece of Zero G Corporation, the company that offers customers a few minutes of weightlessness on jets that fly parabolic arcs. SA already owned a large chunk of Zero G. With this acquisition, SA seeks to strengthen its leadership position in the space tourism area by offering everything from the weightless experience to, eventually, lunar flights.

Peter Diamandis, CEO and co-founder of Zero G along with former astronaut Byron Lichtenberg and SA's Eric Anderson, will remain CEO. Dr. Diamandis, of course, is likely better known as chairman of the X-Prize Foundation.

Among the people who have flown on Zero G flights is Stephen Hawking, the famed physicist who has been coping with ALS for most of his life. If Professor Hawking can safely fly what is sometimes called the "vomit comet," the potential market for such flights would seem to be huge.

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