Space, the Final Frontier, of investing. This new sign-on of Boeing is adventurous and exciting. This adds the last needed amount of additional legitimacy to both Boeing and to the future of commercial space travel. This isn’t a lot of money for either side, and really stands as a symbolic gesture. The promise of point-to-point travel is also great, where one can take trip anywhere in the world in less time than you spend in the TSA lines.
The two companies hope to develop the technologies needed to make hypersonic air travel a commercially viable business.
Found at www.cnbc.com
