Prototype of HALO Space capsule (render)
Space tourism firm goals at flying 400 industrial journeys and three,000 passengers per yr by 2029
— Alberto Castrillo, Chief Technology Officer (CTO)
MADRID, SPAIN, October 20, 2022 /EINPresswire.com/ — HALO Space, a worldwide space tourism journey firm, takes off in December with the first test flight of a prototype of its space capsule. The closing capsule design can have capability for 8 passengers and a pilot and have panoramic home windows which permit 360-degree views of the Earth at an altitude of as much as 40 kilometers. The firm will conduct the test within the third week of December, which can take off from the Balloon Facility of the celebrated Tata Institute for Fundamental Research (TIFR) in India. A second test flight is already deliberate for finish of the first quarter of 2023 in Spain.
Founded in 2021 and incubated by world consulting agency Arthur D. Little, HALO Space has already raised €3 million in pre-seed and seed funding. The firm is now able to take off with the aim of changing into a worldwide benchmark in an trade that, in line with Swiss funding financial institution UBS, has the potential to change into a $3 billion business over the following decade. The first industrial flights are anticipated to start out in 2025 and the corporate plans to function in 4 continents, making a complete of 400 industrial journeys with 3,000 passengers per yr from 2029, at a worth between 100,000 and 200,000 euros per ticket.
Carlos Mira, CEO and founding father of HALO Space, feedback on the significance of this milestone “Our priority from day 1 has been technical and operational excellence. Over the past 12 months we have worked with the best and most experienced companies in the aerospace industry to leverage existing, proven, and safe technology. Our team is very pleased with what has been achieved in this first year, but we are even more excited about where we are headed: taking thousands of passengers to the edge of space in a life-changing experience up to 40 kilometers above the Earth”.
Mr. Mira and Alberto Castrillo, Chief Technology Officer (CTO), have assembled a consortium of top-level aerospace firms corresponding to CT Engineering Group, Aciturri, GMV and TIFR Balloon Facility to collaborate with HALO within the growth of its flight program. Mr. Castrillo – an trade veteran with over 40 years at Airbus Group the place he held government roles in each engineering and manufacturing of 4 completely different airplane fashions – believes this setup is among the key components setting HALO Space aside on this sector. He explains that “working with such an experienced group of companies and leveraging existing, tried-and-true technology has allowed us to move fast while ensuring the highest safety standards are being applied in every step of the program development, and we are now ready to begin our test flights.”
HALO Space will conduct its first test flight in late 2022 in India
The space tourism firm will take off within the third week of December with a prototype of its spacecraft on a test foundation. A space balloon will soar 35 kilometers into the stratosphere taking the prototype for a flight that lasts roughly 6 hours on the Tata Institute for Fundamental Research (TIFR) balloon facility situated in Hyderabad, India. TIFR is HALO Space’s companion for the manufacturing of balloons for the test program, and its expertise with greater than 500 scientific balloons launched to an altitude of 43 kilometers has been of nice worth to the space tourism undertaking.
Regarding the targets of the first test flight, Mr. Castrillo, CTO of HALO Space, explains that “our goal is to successfully launch our flight capsule, reaching an altitude of 35 km before descending, and finally landing and recovering the prototype. In the process, we will validate the flight simulation algorithms, test the communication between the capsule and the flight control, as well as collect thousands of data points from the sensors installed on the capsule”.
This first test flight will mark a brand new chapter within the historical past of space tourism. Starting with the test section, HALO Space will quickly supply a protected, comfy, and extra reasonably priced technique to expertise touring to the sting of the Earth’s environment, with the proposed aim of reaching 400 industrial journeys by 2029.
About HALO Space
HALO Space is a worldwide Near Space tourism firm, which can supply zero-emission industrial flights of 25-40 km altitude permitting to see the curvature of the planet Earth for 4-6 hours. This shall be attainable because of its aerospace balloon that shall be outfitted with a pressurized capsule with capability for 8 passengers and a pilot, and which has a round window from which you should have a 360-degree view of the vastness of the universe.
Founded in 2021, HALO Space was initially incubated by the celebrated consulting agency Arthur D. Little in its Breakthrough Incubator program. Having secured 3 million euros in seed funding, HALO operates independently and it is led by trade veterans Carlos Mira, CEO, and Alberto Castrillo, Chief Technology Officer (CTO). HALO Space will work carefully with a consortium of top-tier aerospace firms, together with CT Engineering Group, Aciturri, GMV and TIFR, within the growth of its Space Flight program.
For extra data, go to Halo Space (halospaceflight.com).
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