0-G Launch, a Washington DC-based provider of the Space Jet™ aircraft for microgravity services and horizontal rocket air-launch, and Global Aviation Ventures (GAV), a firm with extensive expertise in the growth, development, funding and exit of startups in the aviation, aerospace and defense sectors, announce the signature of their agreement to join forces on deploying a global fleet of specialized aircraft to provide much-needed services to the fast-growing Space economy, which is slated to grow into a $1 trillion industry within the next decade.
As part of this agreement, 0-G Launch and GAV will jointly procure, license and operate specially-modified commercial jets to provide global microgravity services for consumer zero-gravity flights, testing of science payloads before sending them to Space, and astronaut training. In addition, these specialized aircraft will be equipped for horizontal air-launch and testing of hypersonic vehicle and small orbital rocket developers, by lofting these customer's payloads under its fuselage at up to 40,000 ft.
"Our agreement with GAV is a unique opportunity for 0-G Launch to join forces with one of the industry's top teams of entrepreneurs with proven industry expertise in procuring and managing all aspects of a future global aircraft fleet. We can't be more pleased to have them as joint partners in our exciting venture for the fast-growing Space industry," said Robert Feierbach, Chief Executive Officer and Founder of 0-G Launch.
"We began looking at 0-G Launch a few months ago, and were very convinced that the business prospects with the innovative services the Space Jet™ fleet will provide to the Space industry are a very clear and profitable industry opportunity," said Robert Allen, Managing General Partner of Global Aviation Ventures. "We're excited to put our GAV team expertise in this industry to work, together with 0-G Launch, to establish and grow our global business opportunities."
Viasat has significantly expanded the capacity of its JetXP in-flight connectivity service across the United States, delivering up to five times more bandwidth for business aviation customers equipped...
The U.S. Federal Aviation Administration has certified the Boeing 737-10, the newest and largest member of the 737 MAX family, paving the way for Boeing [NYSE: BA] to begin customer deliveri...
Archer Aviation all-electric Midnight air taxi successfully completed several days of piloted flights across the San Francisco Bay Area as part of the company’s “No Roads” flight tou...
Embraer has delivered the first E175 fitted with next-generation RECARO passenger seats to American Airlines, marking another step in the ongoing modernization of one of the world's most successfu...
