British business magnate Richard Branson hopes to launch a vessel into space within the next 12 months, kicking off an era of commercial space travel.
A privately owned rocket successfully blasted off on its first flight, marking a significant milestone for the space industry in the race to develop commercial carriers.
SpaceX's latest attempt at recycling its Falcon 9 rocket by landing it upright on an ocean platform failed Tuesday, after a successful launch of its cargo mission to space.
Authorities who Saturday carried out their first full day of investigation into a US spacecraft crash that killed one pilot and seriously injured another said probing the incident could take a year.
The deadly crash of Virgin Galactic's spacecraft has dealt a devastating setback to the cause of space tourism, delaying the first commercial flights to the stars by years, experts said Friday.
SpaceX will build the world's first commercial site for orbital rocket launches in the southernmost tip of Texas.
Another space industry heavyweight has signed onto New Mexico's Spaceport America.
The U.S. space agency is paying $424 million more to Russia to get U.S. astronauts into space and home again, and the agency's leader is blaming Congress for the extra expense.
A US company said Tuesday it plans to send a fleet of spacecraft into the solar system to mine asteroids for metals and other materials in the hopes of furthering exploration of the final frontier.
Sweden's small Arctic town of Kiruna has a surprisingly international airport with regular flights to London and Tokyo, but it has even bigger plans: to offer commercial space flights.