February 18, 2006 Space Adventures today announced plans to develop a
commercial spaceport in Ras Al-Khaimah (the UAE), with plans to expand
globally. Other potential spaceport locations include Asia, specifically
Singapore, and North America. The total estimated cost of the global
spaceport development project is claimed to be at least US$265 million
and will be funded by various parties, along with shared investments by
Space Adventures and the government of Ras Al-Khaimah. The company,
which organized orbital flights for all of the world's private space
explorers, also announces that His Highness Sheikh Saud Bin Saqr Al
Qasimi of Ras Al-Khaimah, along with the UAE Department of Civilian
Aviation, have granted clearance to operate suborbital spaceflights in
their air space.
cont'd....
http://www.gizmag.co.uk/go/5226/
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