Aircraft - Thursday, August 21, 2008
XCOR Space Startup Further Funded
For successful tech entrepreneurs and investors 3 trends stand out for their encores: wine, alternative energy and space travel. We are bullish on the alternative energy meme but see space and wine as ego plays with high risk economic upside. We hate to be morbid but all it takes is one bang and a space startup is curtains. Software companies have much more freedom with bugs.
Today we see yet another space travel investment. XCOR Aerospace of Mojave has raised an undisclosed amount of funding from Desert Sky Holdings. The company had previously raised seed funding from Boston Harbor Angels and angels including space happy Esther Dyson.
XCOR plans low cost space flight with a vehicle called the Lynx, which it says will safely take two paying passengers to the edge of space.
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