Space Tourism

Thai New Space entrepreneur James Yenbamroong, the founder and CEO of mu Space, is emerging as perhaps the preeminent New Space advocate, investor, and role model in Southeast Asia. He has articulated an exciting and bold space vision, is building a solid and cutting edge venture in the form of mu Space, and is now ready to invest in and mentor other budding entrepreneurs in the region with his recent U.S.$100 million venture unit announcement. SpaceWatch.Global sat down with James to talk more about his investment plans and ambitions.

The Virgin Group, the parent company of Virgin Galactic and Virgin Orbit, has withdrawn from all discussions over a U.S.$1 billion investment in its space activities with Saudi Arabia's Public Investment Fund (PIF) following the alleged torture and murder of dissident Saudi journalist Jamal Khashoggi in the Saudi Consulate in Istanbul, Turkey, on 2 October 2018.

Thai Space entrepreneur James Yenbamroong, founder and CEO of Thai New Space company mu Space, announced on 9 October 2018 a plan to establish a venture unit in 2019 in a move to go international and to create opportunities other than satellite communications.

The International Astronautical Congress held in Bremen, Germany last week welcomed a record 6,500 delegates and 83 registered countries, reaffirming a global love affair with space. In addition, more than 10.000 participants attended the public day on Wednesday 3 October to tune-in live to the International Space Station (ISS) for a live session with Alexander Gerst, the second ESA and first German commander of the ISS in the twenty years of its existence.

Space activities are risky and challenging by their nature due to their reliance on highly sophisticated technologies, and the impact of a variety of factors on their successful conduct and significant investments at stake.

The United Arab Emirates has announced the names of its first two astronauts – one of whom will be launched by Russia to the International Space Station (ISS) in April 2019.

According to the International Space Station Flight Schedule, U.S. astronauts will no longer be launched on the Russian Soyuz spacecraft in the fall of 2019.

The Russian commercial space company CosmoCourse has selected NPO Avtomatiki to develop the control system for its suborbital complex.

CosmoCourse is a private Russian space company which develops its own reusable suborbital space complex for tourist spaceflight.

CosmoCourse is a private Russian space company which develops its own reusable suborbital space complex for tourist spaceflight.