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April 2008

Engine Development - outcome

Although the meeting we had last month in Coventry was amicable and productive, in that Yuzhnoye SDO are happy to work with us in principle, we were not able to find another European company to work with us to form a consortium to make the bid for Framework Programme funding from the European Commission and there is now no time to find a such a company, write up a consortium agreement and have all parties sign it. So, we must look out for another opportunity of that sort.

 

All this means that the Spacefleet Project is still without finance, but it is not without hope. We believe that we will find finance for it, if we keep trying, and if we get lucky. We are certainly not about to give up and go back to bed! The project is worth pursuing, not least because it is the only full carbon-neutral space project proposal in the world.
Spacefleet Ltd., 2 Jackson Close, Devizes, Wiltshire SN10 3AP England UK Tel +44 (0)1380 725075 - info@spacefleet.co.uk