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  XCOR Space Expeditions (previously SXC)

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Author Topic:   XCOR Space Expeditions (previously SXC)
Hart Sastrowardoyo
Member

Posts: 2476
From: Toms River, NJ
Registered: Aug 2000

posted 04-13-2011 02:01 PM     Click Here to See the Profile for Hart Sastrowardoyo   Click Here to Email Hart Sastrowardoyo     Edit/Delete Message   Reply w/Quote
Space Expedition Curacao says the first suborbital flights from that Caribbean nation will begin in three years.
The space port has not yet been built, the space ship is not yet ready for production, but Space Expedition CuraƧao (SXC) has so much faith in the whole enterprise that space tourists can now reserve seats on a trip to outer space. The first flights are to take off on 1 January 2014.

Robert Pearlman
Editor

Posts: 29881
From: Houston, TX
Registered: Nov 1999

posted 06-30-2014 12:28 PM     Click Here to See the Profile for Robert Pearlman   Click Here to Email Robert Pearlman     Edit/Delete Message   Reply w/Quote
XCOR Aerospace release
XCOR Aerospace Acquires Space Expedition Corporation

SXC to become "XCOR Space Expeditions," an Open, Global Platform for XCOR Lynx Flights

XCOR Aerospace announced today that it has closed the acquisition of all operational subsidiaries of Space Expedition Corporation, the previously independent Dutch company also known as SXC. SXC served as XCOR's general sales agent for XCOR Lynx flight sales and as their lead wet lease customer. The new sales entity, XCOR Space Expeditions, will continue to focus on sales, commercial partnerships and participant (customer) training on a global level, and will serve as an open sales channel available for all future XCOR Lynx wet lease clients.

The acquisition signals XCOR's commitment to being "the most active space flight company in the world" through a marked increase in integrated sales activities and multiple wet lease operations. As the most active spaceflight company in the world, XCOR is poised to become the company which delivers the most value for the price. With its high frequency of flights, XCOR will learn the most the quickest in the emerging commercial spaceflight industry and more customers will benefit from Lynx's incredible in-the-cockpit experience.

XCOR CEO Jeff Greason noted that "For the past two years, SXC has provided XCOR Aerospace with an expanding roster of new customers and commercial partners. As XCOR Space Expeditions, we look forward to making the most of their expertise and insights with customers and commercial partners. With their sales and marketing engine now a part of the XCOR brand, we deepen the connection between customers and Lynx."

"Both as a founder of SXC, and through my background in e-Business and Formula One, I understand that exceptional engineering and design are vital for performance and the overall customer experience," said SXC co-founder and XCOR Aerospace board member Michiel Mol. "XCOR Aerospace is the best I've seen in spacecraft and rocket engine design. With this acquisition XCOR Space Expeditions will provide direct connection to the XCOR brand and more up-to-date information about Lynx for individual ticket holders, wet lease customers and commercial partners. The result is an integrated XCOR that will inspire our customers and investors, and deliver a more seamless and exciting experience overall."

Detailed terms of the transaction were not disclosed. The all-stock transaction was reviewed by the United States Treasury Department's Committee on Foreign Investment in the US (CFIUS) which determined the acquisition and exchange of shares was not a "covered transaction."

Note: Space Expedition Corporation was originally Space Expedition Curacao.

SkyMan1958
Member

Posts: 458
From: CA.
Registered: Jan 2011

posted 06-30-2014 02:38 PM     Click Here to See the Profile for SkyMan1958   Click Here to Email SkyMan1958     Edit/Delete Message   Reply w/Quote
Obviously marketing is an important part of any commercial endeavor these days. However, the product is even more important. I haven't heard jack from XCOR about how the Lynx is actually progressing.

Does anyone know if XCOR has the funds to finish development, or are they in a holding pattern?

Robert Pearlman
Editor

Posts: 29881
From: Houston, TX
Registered: Nov 1999

posted 06-30-2014 02:44 PM     Click Here to See the Profile for Robert Pearlman   Click Here to Email Robert Pearlman     Edit/Delete Message   Reply w/Quote
Updates on XCOR's Lynx development can be read here.

XCOR recently completed a new round of financing and took receipt of the cockpit for its first Lynx I.

All times are CT (US)

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