Entrepreneur in Space - Dr. Ivan Misner®

Entrepreneur in Space

I had the pleasure of witnessing the unveiling of WhiteKnightTwo at the Mojave Spaceport in California this week (yes, I said “spaceport,” not airport). The WhiteKnightTwo is Virgin Galactic’s carrier aircraft, which will ferry SpaceShipTwo and thousands of private astronauts, science packages and payloads into suborbital space within the next few years. The rollout represents a major milestone in Virgin Galactic’s quest to launch the world’s first private space program for people, payloads and science.

Sir Richard Branson is the Founder of Virgin Galactic, and the WhiteKnightTwo was christened “Eve” in honor of his mother. I’ve had a couple of opportunities to meet Sir Richard, and I’ve been impressed with his natural charisma and people skills. I talked about my first meeting with him on Necker Island in my blog post, The Butterfly Effect of Networking.

As a result of spending a week on his island in the Caribbean, I was invited to attend the rollout of the new Mothership for Virgin Galactic. It was an amazing experience. The invitees were flown from LAX to the Mojave desert via a Virgin America charter, appropriately named, My Other Ride is a Spacesalg_richard_bransonhip. There, we were brought into a hanger operated by Burt Rutan, founder of Scaled Composites and designer of the WhiteKnightTwo.

Inside the hanger, Virgin Galactic CEO Will Whitehorn and other company representatives spoke about the progress of the program, with the Virgin Galactic logo on a white canvas in the background (seen in the photo on the right).

After the presentation, they did a 10 second-launch countdown and the canvas dropped to reveal the WhiteKnightTwo (shown in the photo below), which had been brought into position outside the hanger doors after everyone was seated. It was a dramatic and impressive thing to witness firsthand.

Later, Sir Richard and Rutan took questions from the audience. During this portion of the event they spoke about the fact that testing for the WhiteKnightTwo and SpaceShipTwo will take roughly 18 months to three years. When that is complete, they hope to be ready to start conducting private, suborbital flights with paying passengers. Within the next 10 to 15 years, it is their vision to have more than a dozen spaceports conducting regular launches for suborbital flights for the public on a continuous basis (entrepreneurism in space!).

Later that night, I had an opportunity to attend a private party in Bel Air for people who attened the rollout and other guests. There, I had a chance to talk directly with Rutan. This was an amazing conversation, because he shared with me incredible plans for the future of space entrepreneurism.

He told me that he believes the cost for private space travel can be cut to a fraction of the current price tag once the program is fully in place. In addition, he said that eventually Virgin Galactic wants to have a space hotel, with spaceships shuttling guests from earth into outer space. I told him I thought that was a bold long-term vision. He looked me in the eyes and said, “That’s just our mid-term vision.” I was taken aback by that and asked what his long-term vision is for private space travel. He said: “private space trips from the earth to the moon and back.” Now that’s what I call vision!

SpaceShipOne now resides in the Smithsonian Institute’s Air and Space Museum. I believe it’s there for a good reason. Branson, Rutan, and the teams at Virgin Galactic and Scaled Composites are making history by doing what very few countries in the world have ever done. They are putting together a program to send thousands of private citizens into space and return them safely. Frankly, I think they’re going to be successful and they are going to achieve it at a fraction of the cost it takes governments to send people into space.

Who knows, maybe the space hotel will happen in my lifetime. If so, I’m looking forward to the first business networking meetings at the Virgin Galactic Earth-Space Hotel. From there, the whole idea that “business is out of this world” takes on a whole new meaning.

What are your thoughts about entrepreneurism in space? Feel free to share them here.

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10 thoughts on “Entrepreneur in Space

  1. Dear Dr. Misner,

    I can’t but marvel at the doors of opportunity your years of networking have afforded you.

    Mankind has always been exploring. With the giga-rich still young and healthy; it does not surprise me to see the private sector persuing space entrepreneurship. I have often wondered why an undersea hotel has not yet been built.

    The achievements of the human mind seem limitless. I am sending this to you and the world with a wireless battery powered gizmo smaller than a deck of playing cards.

    Great blog, Dr. Misner.

    Best regards,
    Tom Doiron
    Atlanta

  2. Just thought I would pass this along. The Microgravity Enterprises guys are space entrepreneurs as well – although on a much smaller scale. Beer and energy drinks from space – cool idea.

    Jason

  3. Just think!! I could be the next florist in space. But then I would have to change my business name to “The Jewels of Space Florist”. I wonder if they would like to have flowers for the space ship to make the ride more homey.

    From a BNI member of the Springfield, Ma. chapter,
    Sally

  4. Richard Branson is my all time hero. He is always such an inspiration to me with his attitude towards life, not just business. I am a BNI member and Dr. Misner is also an inspiration and I think it’s so exciting that you got to be there.

    Recently someone asked me about my most outrageous dream and I said, “one day, Richard Branson is going to call me up before going to the moon and he’s going to say to me, ‘we’ve got an extra seat on the ship, you want it?’ and I am going to say yes because, I want to go to the moon and going to the moon with Richard Branson would be awesome.

  5. I think its amazing what man and woman can accomplish. We have come so far from so little and made so much. Only if we could sustain a great climate of health and awareness so that our children’s children will be able to experience the greatness of nature and universe. Our inventions are climbing but our weather will get the best of us. Awesome blog stop by and leave a comment or two on mine, (how to make money online)

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