Washington: Arizona`s World View Company is developing a space capsule, which will be propelled into the sky by giant helium balloons, for 75 thousand dollars price tag.
World View, an offshoot of privately owned Paragon Space Development Corporation, has designed the space balloon in less than a third of the 250,000 dollar cost of flying on Virgin Galactic`s suborbital SpaceShipTwo.
Passengers will be able to soar to an altitude of about 100,000 feet, the report adds.
Although far short of SpaceShipTwo`s intended 68-mile high peak, the World View ride will give an incredible experience of seeing both Earth and the blackness of space.
World View is expected to begin selling tickets within the next few months.
The Arizona firm decided to unveil the project early because of a forthcoming, public determination by the Federal Aviation Administration (FAA) that Paragon`s six-passenger, two-pilot vehicle qualifies as a spacecraft.
Company officials said the whole purpose of the ride is to have a view of space, as compared to Paragon`s ride, which will give fatal decompression to passengers at high altitude.