The Canadian Arrow team joined forces with Dr. Chirinjeev Kathuria to form a new company called Planetscape.
Planetscape plans to offer public space flight within 2 years time. The company hopes to fly about 2,000 astronauts in its first five years and generate a revenue of $200 million in the fifth year.
Space holidays will start at $250,000 for a suborbital flight with 14 days training.
Geoff Sheerin, president of Canadian Arrow, said they have also entered final discussions with partners to establish a reality television show in space and an international lottery with space flight prizes.