WhiteKnightTwo and SpaceShipTwo: Made in America, financed in the Middle East. (Photo credit: Mark Greenberg)
While Europe lurches from sovereign debt crisis to debt crisis, the United States struggles with a ballooning budget deficit, and investors worldwide pull back on spending, there is one area of the world that still has a mountain of funds to spend. It’s a reality could have a major effect on the path of the nascent commercial spaceflight industry in the years ahead.
(…) Read the rest of Commercial Space Entrepreneurs Look to the East for Funding (607 words)
* * *
(C) Douglas for Parabolic Arc, 2011. | Permalink | No comment | Add to del.icio.us Post
Feed enhanced by Better Feed from Ozh