Japanese space tourism effort gets a boost

PD Aerospace space plane

PD AeroSpace has teamed up with H.I.S. and ANA Holdings. (PD AeroSpace Ltd. / Koike Terumasa Design and Aerospace)

PD Aerospace, a Japanese company that’s similar to Virgin Galactic in its commercial spaceflight aspirations, has picked up two high-profile investors: ANA Holdings and the H.I.S. travel agency.

In a joint statement issued on Dec. 1, the three Japanese companies said that they agreed in October to work together on space commercialization efforts, including space travel.

H.I.S. is investing about $264,000 (30 million yen) for a 10.3 percent share of the venture. ANA Holdings, the umbrella company for the ANA (All Nippon Airways) airline, is putting in about $180,000 (20.4 million yen) for a 7 percent share.

The combined amount of investment wouldn’t be enough to buy two tickets on Virgin Galactic’s SpaceShipTwo rocket plane, which is currently undergoing flight tests at California’s Mojave Air and Space Port.

Get the full story on GeekWire.

About Alan Boyle

Award-winning science writer, creator of Cosmic Log, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.
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