Tag: high altitude balloon

Spanish high altitude balloon company to fly tourist flights from South Korea

8:51 am

The Spanish high altitude balloon startup Zero-2-Infinity has now established an office in South Korea with the intention of flying tourist flights from there for a ticket price of about $60k per flight.

Zero 2 Infinity plans to begin its Korean operations with a project called “Byul” — the Korean word for star — which offers a symbolic farewell for pet lovers. The initiative will invite volunteers to send the ashes of their deceased furry companions into the stratosphere, carried in star-shaped, biodegradable capsules. The company aims to begin collecting participants this September, with the first near-space release scheduled for December in Korea.

Byul will apparently be a smaller balloon with no human passengers. The company claims it has already test flown a larger helium balloon with humans aboard to an altitude of 6 miles, and again unmanned to 20 miles. If so it has done so with no publicity at all. This announcement today appears more a push to raise the $70 million the company says it needs to develop this manned balloon capsule.

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More indications balloon company Space Perspective is about to go bankrupt

11:24 am

New details reported yesterday strongly suggest that the high altitude balloon company Space Perspective has been unable to find new investors and is on the verge of shutting.

In a February 5 email to stakeholders, Interim CEO Michael Savage provided the latest updates, shedding light on failed funding efforts, the company’s dire financial situation, and attempts to restructure its debt. The email also acknowledged the gravity of the challenges ahead, hinting at the possible closure of operations.

Savage’s email outlined efforts to secure funding, including meetings with investors Fortuna and Broadlight, both of whom ultimately declined to proceed. Savage explained that while there was initial interest, the company’s mounting debt and financial instability deterred further investment. “Both [investors] have expressed interest, but despite the current circumstances and since Nov./Dec. 2024, they feel that their LPs would not stomach the numbers,” Savage wrote.

The company has previously announced it was shifting operations out of the Cape Canaveral area to a location 90 miles north where costs were less as it searched for new investors. This new report suggests this move and the search have not worked and the company will soon go out of business.

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Space Perspective needs new investors

9:50 am

According to this news article today, the high altitude balloon company Space Perspective is in need of new investment capital, and its apparent lease default in the Cape Canaveral area is because the company has apparently shifted operations about ninety miles south because costs there are lower.

Space Perspective co-founder Jane Poynter told OBJ in a Zoom interview in December that although Port Canaveral “is our home port” and “we’re very committed to the community we work in” the company had been operating out of Fort Pierce, nearly 90 miles south, for several months. “They are having to struggle with how they balance what’s happening with the cruise industry and space industry growing like gangbusters,” she said of the Space Coast. “It’s so congested that we can’t actually stay there.”

While the company claims it is still moving forward, it has had to lay off most of its staff as it tries to find more investment capital. While it also claims it will return to full staffing when that investment arrives, the question is whether it will arrive. At this moment the default of $90,295 in rent to Titusville-Cocoa Airport Authority is not a good look at all.

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Has the tourist balloon company Space Perspective gone belly-up?

1:28 pm

Space Perspective's Neptune Capsule
Space Perspective’s Neptune balloon capsule

According to the local paper Florida Today, the high altitude tourist balloon company Space Perspective owes more than $90K rent on its facility at Florida’s Space Coast Regional Airport, and has apparently ceased activity in mid-December.

Activity appears to have largely ceased at Space Perspective’s “Mission Control” office building at the Titusville airport, where the facility has appeared largely unoccupied the past two weeks. Nobody answered the doorbell during a trio of FLORIDA TODAY visits since Jan. 6, and no vehicles were in the parking lot just before 1 p.m. Wednesday.

FLORIDA TODAY has left messages unsuccessfully attempting to contact Space Perspective executives. One vehicle was parked in the Mission Control lot Tuesday afternoon, and an employee answered the doorbell. A FLORIDA TODAY reporter passed along a written message seeking comment from company officials.

Another source notes that numerous former employees in recent weeks have been looking for new jobs in the Florida region.

The Florida Today article also documents several other cases where the company had had problems paying its bills.

It is possible the company is dead. There is also the possibility that it remains alive, but has decided to skip town because it is now setting up operations in the Middle East. In one of its last major announcements in November 2024 it revealed it is in negotiations with a number of Middle Eastern nations for flying balloon flights there.

All in all this story is very puzzling. The company had already built its Florida factory for making its balloons, and had done one test flight of a prototype manned capsule for tourist flights. It seemed poised to begin commercial operations. To shut down so suddenly now suggests a lot of things, some of which could indicate some very dishonest motives indeed.

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Spanish high altitude balloon company releases artwork of its proposed passenger capsule

9:59 am

EOS-X's balloon capsule
Artist rendering of EOS-X’s balloon capsule

The Spanish high altitude balloon company EOS-X has now released several artist renderings of the proposed capsule that will take passengers on a high altitude balloon flight.

According to the company, the first flights will occur sometime late next year, lifting off from either Seville in Spain or Abu Dabi in the Middle East. The proposed ticket prices range from $160K to $214K, with flights lasting about five hours.

All of this sounds highly speculative, especially because EOS-X in November 2023 was one of two balloon companies indicted by a Spanish court for stealing its balloon concepts from a third company. I have not seen the final decision in that court case, so it is unclear what the long term ramifications might be. It could be that the company which sued, Zero-2, has taken over EOS-X.

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NASA high altitude science balloon sets new endurance record

9:57 am

GUSTO's flight path
Click for continuous tracking of GUSTO’s flight path

NASA’s GUSTO high altitude science balloon has now set a new endurance record for the most days of flight of a NASA balloon, flying more than 57 days over the continent of Antarctica at the south pole.

The map to the right shows GUSTO’s entire journey. The blue line was its first phrase of travel, the green its second phase, and the red its present stage.

GUSTO was launched at 1:30 a.m. EST Dec. 31 from the Long Duration Balloon Camp near McMurdo Station, Antarctica. The balloon mission not only broke the flight record but continues its path circumnavigating the South Pole. The stadium-sized zero-pressure scientific balloon and observatory are currently reaching altitudes above 125,000 feet. “The health of the balloon and the stratospheric winds are both contributing to the success of the mission so far,” said Hamilton. “The balloon and balloon systems have been performing beautifully, and we’re seeing no degradation in the performance of the balloon. The winds in the stratosphere have been very favorable and have provided stable conditions for extended flight.”

The previous NASA record was a balloon that it flew in 2012. GUSTO itself is being used to map the Milky Way’s carbon, oxygen, and nitrogen that is found between the stars in gas clouds.

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Indian company joins the high altitude balloon tourist race

9:23 am

A new company from India, Space Aura, is proposing to fly tourists on a high altitude balloon by 2025, joining the global competition that already includes two American balloon companies as well as one Spanish company.

Space Aura’s capsule, christened prototype SKAP1, will be tethered to a high performance ‘space balloon system’, complete with an enormous parachute. The capsule will accommodate six tourists and one pilot with ample leg room and comfortable walking space. It will be pressurised during flight and will have environmental control and life support systems that maintain oxygen, pressure, and temperature levels.

Even though passengers will not experience microgravity, they would still need to prepare before flying. Prior to the launch, which will be from Karnataka, Maharashtra, or Madhya Pradesh, the group of space tourists will undergo a week of basic physical training. The duration of the entire flight is expected to be about 5.5 to 6 hours. Tourists will ascend for about 90 minutes, spend an hour gazing out at the earth below, and begin their 90-minute descent with the balloon and parachute.

The two American companies, Space Perspective and World View, claim they will be flying tourists by 2024, while the Spanish company, Halo Space, is targeting 2025.

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Spanish high altitude tourist balloon company prepares for first test flight

9:07 pm

The Spanish high altitude tourist balloon company HALO is preparing to do the first test flight in December from India, with the second test flight planned for the first quarter of 2023 from Spain.

The Madrid-based company will take tourists to the edge of space in a capsule attached to a balloon – with prices from £87,000 to £174,000 (100,000 to 200,000 Euros).

The final capsule design will have capacity for 8 passengers and a pilot and feature panoramic windows which allow 360-degree views of the Earth at an altitude of up to 25 miles.

…The first commercial flights are expected to start in 2025 and the company plans to operate in four continents, making a total of 400 commercial trips with 3,000 passengers per year from 2029.

This market now appears to have three companies vying for customers, the American companies World View and Space Perspectives, and this Spanish company.

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Another high altitude balloon company enters the space tourism market

3:30 pm

Capitalism in space: Another high altitude balloon company, this time from Spain, is now vying for the space tourism market.

EOS-X Space, a Spanish startup, wants to take 10,000 people to the frontier of space within the next 10 years. With EOS-X Space, the journeys won’t be in rockets or ultrasonic planes. They’ll instead take place in a pressurized capsule propelled by a balloon that will rise to an altitude of up to 40 kilometers, or nearly 25 miles.

This means space tourists won’t have to wear a suit for the duration of the trip, nor will they have to do any physical preparation. Depending on the weather, each trip is set to last four or five hours.

They are targeting the same market as the American company Space Perspectives, which hopes to begin flying tourists on its stratospheric balloon, dubbed Neptune, by ’24.

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Comparing the rocket vs balloon space tourism ride.

8:59 am

The competition heats up: Yahoo today published a 5 point comparison between a ride on Virgin Galactic’s SpaceShipTwo and Worldview’s Voyager balloon.

The winner, Virgin Galactic, but by a nose. As the story notes, Worldview is the better buy. “You can use the money you save for a nice vacation on Earth — where you can make new friends by telling stores about that time you went to space.”

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First test flight for balloon company

9:10 am

The competition heats up: Worldview has successfully completed the first unmanned test flight of its stratospheric passenger balloon.

The flight brought a remote-controlled, balloon-borne craft up to a height of 120,000 feet (36.5 kilometers) and back down to 50,000 feet (15 kilometers). Then the craft was cut loose from the balloon and guided to a soft landing using an innovative parafoil.

The test over Roswell, New Mexico, marked a world record for the highest parafoil flight, World View said.

World View’s Tycho prototype is just one-tenth the size of the pressurized capsule that the Arizona-based company plans to build for its Voyager tours. But Tycho’s maiden voyage put the system’s aerodynamics to a valuable initial test, said Taber MacCallum, who is World View’s co-founder and chief technology officer (as well as Poynter’s husband).

While these balloon tourist flights won’t go as high as the suborbital flights planned by Virgin Galactic, XCOR, and others, they will last far far longer and cost a third the price. They have already sold out their first three flights.

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