XCOR Aerospace

XCOR Aerospace looks to engage in research and development and the production of spacecrafts and engines that can be reused for suborbital and orbital journeys. The company was founded in 1999 by Aleta Jackson, Dan DeLong, and Jeff Greason, in Mojave, California, United States. The company has been closed since 2017.

While in operation, the company was focused on the development of their reusable launch vehicle, the Lynx. The vehicle was designed to take a single pilot and one spaceflight participant to the edge of space. XCOR Aeropace looked to provide their services for academic, scientific, engineering, and observation type markets.

When the company had closed in 2017, the customers and aspiring space tourists of XCOR who had purchased a suborbital flight ticket on pre-sale called for their money back. The pre-sale tickets that XCOR had sold tallied up to hundreds of thousands of dollars. One pre-sale ticket was worth $100,000 per flight. The original launch date was set for 2011, but fell to 2015, then 2016. In 2017, XCOR said they would try to resell tickets, and assured on buyer, Hamameh he would also receive a minimum of $35,000 as a portion of each ticket-holder's deposit was kept in a separate escrow account.