Space Adventures purchases technology developer


Space Adventures, a Vienna, Va.-based company created to provide space travel opportunities, agreed to acquire Space Launch Corp. of Fountain Valley, Calif.

Space Launch Corp.s CEO Jacob Lopata, will continue in his position after the acquisition is complete.

Formed in 1999 to develop and market affordable products and services for the small satellite launch industry, Space Launch Corp. has worked for the last five years with the U.S. government on launch systems and related technologies. Space Launch claims to have successfully completed $25 million worth of contract work.

By purchasing Space Launch, Space Adventures said it will gain access to its technological developments to apply to its space travel programs.

Space Adventures stakes its claim as the first company to have launched private explorers into space, beginning with Dennis Tito in 2001, when Tito purchased a seat on the Russian orbital spacecraft Soyuz and spent 10 days in space and visited the international space station.

The company also sent South African Mark Shuttleworth into space in April 2002, and Greg Olsen, a New Jersey native, in October 2005. Daisuke Enomoto, a Japanese resident of Hong Kong, is scheduled to go into orbit September 2006.

The trips have all been provided by Space Adventures in partnership with the Russian Space Agency in Moscow. The private space travelers accompanied Russian cosmonauts.

To contact reporter David Cogswell, send e-mail to [email protected].

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