Talk:Mojave Aerospace Ventures

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Summary info

Here is a two-paragraph summary of the company, ownership, legal structure, etc. from the AbsoluteAstronomy.com website.

Encyclopedia:
Mojave Aerospace Ventures (MAV) is a company founded by Paul Allen and Burt Rutan to handle the commercial spinoffs from the Tier One project. It owns the intellectual property arising from Tier One, and it is in turn owned by Paul Allen (the majority shareholder) and Burt Rutan. It has signed a deal with Virgin Galactic to develop the Virgin SpaceShip, a suborbital spacecraft for space tourism. Virgin Group Virgin Group and Scaled have subsequently formed a joint venture, The Spaceship Company to manufacture the spacecraft.

Company:
The structure of Mojave Aerospace Ventures appears to be the basis of the deal between Allen and Rutan for the funding of Tier One. The company owns all the intellectual property of the Tier One project, such as patents, and so controls commercial exploitation. Allen, the sole source of funding for Tier One, is the majority owner. Rutan, having developed the technology, owns a minority stake. This stands in contrast to the company more usually associated with Tier One, Scaled Composites, which is owned by Northrop Grumman (http://www.space.com/news/070720_scaled_bought.html ). MAV serves to separate Tier One spinoffs from Scaled Composites.
When the Tier One program was announced, Scaled Composites initially expressed a hope that by about 2013 it would be possible for members of the public to experience a suborbital flight for about the price of a luxury cruise.

Enjoy. N2e (talk) 02:45, 18 May 2010 (UTC)[reply]