IEN Radio

LISTEN: Space Tourism Co. Furloughs Most Workers After Eviction Notice

Eric Sorensen

Space Perspective, a Titusville, Florida company founded in 2018, was developed with the objective of selling trips to the stratosphere.

And in a world of heavy investment in space exploration, it’s the method that’s unique: Space Perspective plans to use a craft called “Spaceship Neptune,” described as a crewed, pressurized gondola propelled by hydrogen.

In the second half of 2024, the firm appeared to be on a positive trajectory. In September, the company completed its first uncrewed test. Funding from British billionaire and space enthusiast Richard Branson was revealed in October – as well as the fact that he would co-pilot the first crewed mission in 2025.