Financial News

  • 21 June 2012, 9:03

Isle Of Man Firm Offering £100m Trips To Moon

A British space company has announced details of a plan to take people to the moon for the first time since 1972.

Excalibur Almaz is offering members of the public a passport to orbit the moon - but budding space-travellers will have to find around £100m first.

Four second-hand space capsules and two disused space stations have already been bought from the Russians.

The Soviet-era equipment has been undergoing a refit involving the latest software and electronics at Excalibur's headquarters in the Isle of Man.

If that seems a rather unlikely frontier for space exploration, you may be surprised to find it listed by analysts as the nation fifth most likely to man the first mission back to the moon, behind Russia, the US, India and China.

Lured by zero tax for space projects and an income tax rate of just 10%, the island has carved out a niche for itself in the space business and is now home to over half of the world's satellite companies.

Excalibur is confident its recycled equipment will be enough to attract the handful of multi-millionaires it needs to fund and crew its lunar orbit.

Art Dula, EA chief executive, said the scheme was not "space tourism", and insisted that passengers would undergo rigorous training in how to control the spacecraft.

"This is a private expedition, it's not tourism. It's like the expeditions to the South Seas years ago that made Britain so rich."

One of the four smaller spacecraft will be used to take amateur space travellers to one of the company's recycled space stations in low earth orbit.

From there the station and its inhabitants will blast into the moon's orbit, taking them 234,000 miles from Earth.

It will then continue into space, taking man further from Earth than ever before.

The trip which could last up to six months, offers a very different prospect to those offered by Virgin Galactic, whose craft will provide only a few minutes of weightlessness at just 60 miles up.

But critics point to the vast cost of launching one of Excalibur's space stations and question whether the figures add up.

Excalibur says the first trip could be less than four years away, and claims the second-hand space ships have the potential to become a billion-dollar business.

But its first and toughest mission will be to prove all this can become scientific fact, rather than fiction.

what do you think?

7 comments

Eric Clutterbean

4:02pm on 19/6/2012

i have already saved up enough for the bus ticket to the station

Score: 3

ali baba

4:10pm on 19/6/2012

Send all the billionaires up with a one way ticket. then we could probably sought out world poverty with there cash, down on earth.

Score: 2

Mary Brown

4:35pm on 19/6/2012

I'm prepared to offer the same deal for only £80m. And all I require is a 10% deposit, with the balance payable 6 months before take off. Please contact me for bookings at dumbasafool.com

Score: 3

stevie may

5:06pm on 19/6/2012

£100 million ? Not unless there are Klingon women on board - hottest females in the Universe !

Score: 1
1 reply

Gavin Nellis

10:40am on 20/6/2012

sad

Chris Price

7:22pm on 19/6/2012

So where would they launch from we don't have a missile range big enough like the size of the Florida coast? I doubt that most of Western Europe would allow them to launch from the isle of Mann then to enter their airspace. So does that 100million include the air fare to the ESA launch base in French Guiana or to the K.S.C?

EQINOX187 .

12:41am on 20/6/2012

Going back to the moon pffft we were never there in the first place there is far to much evidence that proves this not just the edited photos/ flag flapping in the wind on a windless moon/ but also the fact that there was a solor storm that hit the moon at the same time they apparently landed that bathed the moon in enough radiation to cook them like a bag of popcorn in a microwave and there little ships were not radiation sheilded. That said the Tech of those years was unreliable at best even with todays computer upgrades i would not trust it at all. This is ether a con of some kind or its real but then given the danger in such an activity how many will realy want to go and risk it

Score: 3
2 replies

Luke Grailey

8:44am on 20/6/2012

A flag still has weight and the moon still has gravity. Even with no atmosphere, an object like that will still move under the effects of gravity.

Score: 1

EQINOX187 .

1:29am on 21/6/2012

Luke did you read what i typed and have you even seen the vid of the flag randomly flapping in the wind on a windless moon. Yes there is a small amount of gravity on the moon and i never once talked about gravity i talked about wind. So yes your right the gravity of the moon would exert a small force on the flag however that would only cause it to rest into place not randomly flap around after it had been placed

Score: 1

Abdul Ali

2:37am on 20/6/2012

where do i get ticket from

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