Businessman pays $20M for space flight

Jul 06, 2005

New Jersey businessman and scientist Gregory Olsen paid $20 million for a "ticket of a lifetime" to hitch a ride from Russia to the International Space Station.

Olsen's agents signed an agreement this week for the trip aboard a Russian Soyuz vehicle, probably in October, to spend about a week aboard the Earth-orbiting space station, the BBC reported.

Olsen would be the third space tourist behind South African Mark Shuttleworth in 2002 and U.S. citizen Dennis Tito in 2001.

The 60-year-old board chairman of Sensors Unlimited, Princeton, N.J., plans to test sensors the company has developed along with a series of personal experiments.

The company co-founded by Olsen, who holds a dozen U.S. patents, makes optoelectronic devices used in space, military and industrial applications.

Olsen, who paid $20 million for his "ticket of a lifetime," already has begun training at Russia's Star City space center near Moscow.

Copyright 2005 by United Press International

Explore further: Greenland darkening to continue, predicts CCNY expert Marco Tedesco

Related Stories

Roar of China's 'Great Cannon' heard across the internet

20 hours ago

China has once again surprised researchers by unleashing what has been dubbed its "Great Cannon" – a cyber weapon that has in recent weeks brought down several websites including the Github software code repository and GreatFire, an activist group working against censorship in China ...

Recommended for you

Black hole hunters tackle a cosmic conundrum

13 hours ago

Dartmouth astrophysicists and their colleagues have not only proven that a supermassive black hole exists in a place where it isn't supposed to be, but in doing so have opened a new door to what things were ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.