Balloon company to take space tourists 25 miles into space for £74,000 from 2025

The capsule will fly 25 miles into space (Halo Space)
The capsule will fly 25 miles into space (Halo Space)

Spanish space tourism company HALO space will take passengers on balloon rides to the edge of space - and will take off with a first test flight this December.

The Madrid-based company will take tourists to the edge of space in a capsule attached to a balloon - with prices from £87,000 to £174,000 (100,000 to 200,000 Euros).

The final capsule design will have capacity for 8 passengers and a pilot and feature panoramic windows which allow 360-degree views of the Earth at an altitude of up to 25 miles.

The company will conduct the test in the third week of December, which will take off from the Balloon Facility of the prestigious Tata Institute for Fundamental Research (TIFR) in India.

A second test flight is already planned for the end of the first quarter of 2023 in Spain.

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Swiss investment bank UBS believes that commercial spaceflight, has the potential to become a $3 billion business over the next decade.

The first commercial flights are expected to start in 2025 and the company plans to operate in four continents, making a total of 400 commercial trips with 3,000 passengers per year from 2029.

Prices will be between 100,000 and 200,000 euros per ticket.

Carlos Mira, CEO and founder of HALO Space, said, "Our priority from day one 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 25 miles above the Earth".

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HALO Space will conduct its first test flight in late 2022 in India

The space tourism company will take off in the third week of December with a prototype of its spacecraft on a test basis.

A space balloon will soar 21 miles into the stratosphere taking the prototype for a flight that lasts approximately 6 hours at the Tata Institute for Fundamental Research (TIFR) balloon facility located in Hyderabad, India.

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