World View gets incentives to settle in Arizona
The competition heats up: The space tourism balloon company World View has obtained $15 million in subsidies from an Arizona county to base their operation in Tucson.
Today’s go-ahead from the Pima County Board of Supervisors represents an initial step toward setting up the tourist operation. The supervisors voted to invest $15 million, backed by future tax revenue, to build the spaceport. World View would lease the facility from the county over a 20-year term to pay back the investment. The facility would include a launch pad, headquarters building and manufacturing facility, World View said.
Increasingly it looks like Virgin Galactic’s SpaceShipTwo is being left in the dust as other companies move forward with their own plans.
The competition heats up: The space tourism balloon company World View has obtained $15 million in subsidies from an Arizona county to base their operation in Tucson.
Today’s go-ahead from the Pima County Board of Supervisors represents an initial step toward setting up the tourist operation. The supervisors voted to invest $15 million, backed by future tax revenue, to build the spaceport. World View would lease the facility from the county over a 20-year term to pay back the investment. The facility would include a launch pad, headquarters building and manufacturing facility, World View said.
Increasingly it looks like Virgin Galactic’s SpaceShipTwo is being left in the dust as other companies move forward with their own plans.