[link|http://www.cnn.com/2004/TECH/space/05/13/private.space.ship/index.html|http://www.cnn.com/2...e.ship/index.html]
Rutan designed the 1st plane to do non-stop round the world flight.
Is aming to trigger private space travel with low cost 'space-ships'.
EXTRACT >>
(CNN) -- The ultimate thrill ride could be closer to reality.
Aircraft designer Burt Rutan and his firm Scaled Composites took a giant leap early Thursday toward becoming the first private company to send a person into space.
Scaled Composites, funded by Microsoft co-founder and billionaire Paul Allen, set a new civilian altitude record of 40 miles in a craft called SpaceShipOne during a test flight above California's Mojave Desert.
The firm is one of 24 companies from several countries competing for the X Prize, which will go to the first privately funded group to send three people on a 62.5-mile-high suborbital flight and repeat the feat within two weeks using the same vehicle.
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Impressive feat - Rutan just keeps pulling rabbits out of his hat :-)
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