Space Plane Startup Promises One-Hour Rides to Anywhere on Earth at 9,000 MPH

"Traveling in a space plane is a lot like traveling in a regular plane, except for the middle part," quips Bloomberg Business Week:After reaching cruising altitude, the pilot hits the rocket boosters and blasts the aircraft to the edge of space at more than 9,000 mph, or about 12 times the speed of sound. The plane travels at that speed for about 15 minutes, then glides against the atmosphere to slow itself down, cruising back to Earth to land at a conventional airport. Venus Aerospace Corp., a startup pursuing a hypersonic space plane, is aiming to use this technique to ferry people from Los Angeles to Tokyo in about an hour. The company was started by two former Virgin Orbit LLC employees: Sarah "Sassie" Duggleby, a code-writing launch engineer, and her husband, Andrew, who managed launch, payload, and propulsion operations... Venus now has 15 employees, most veterans of the space industry, and has received investment from venture capital firms including Prime Movers and Draper Associates. "Every few decades humans attempt this," says Andrew Duggleby, in a tacit acknowledgment of the idea's repeated failure. "This time it will work...." Still, flights aren't imminent. The shape of the aircraft is a work in progress, and the company will begin testing three scale models this summer. The Dugglebys, who've secured a small research grant from the U.S. Air Force and are pursuing additional funding from the Department of Defense, expect the project to take a decade or more.

Read more of this story at Slashdot.