Space Adventures, Ltd., the world's leading space experiences company, announced yesterday its plans to develop a commercial spaceport in Ras Al-Khaimah (the UAE), with plans to expand globally. Other potential spaceport locations include Asia, specifically Singapore, and North America. The total estimated cost of the global spaceport development project is at least $265 million (USD) and will be funded by various parties, along with shared investments by Space Adventures and the government of Ras Al-Khaimah.
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Space Adventures Announces $265 Million Global Spaceport Development Project (Space Advetures Press Release)Space travel firm plans $265m RAK venture (Trade Arabia)
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