Thursday, July 30, 2009

Abu Dhabi backs Space Tourism

Steven J. DuBord
The New American

Aabar Investments of Abu Dhabi in the United Arab Emirates agreed on July 28 to buy a 32 percent stake in Sir Richard Branson’s space tourism venture known as Virgin Galactic. The $280 million deal was inked on the grounds of the Experimental Aircraft Association's annual AirVenture fly-in event held in Oshkosh, Wisconsin.

WhiteKnightTwo, the specially designed aircraft that will carry Virgin Galactic’s spacecraft to high altitude and then launch it, had flown to the EAA convention and formed a suitable backdrop for the signing ceremony.

Read the feature HERE.

1 comment:

Abu Dhabi Tourism said...

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