• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
FinanceAir Travel

This company plans to offer balloon rides from Alaska to the edge of space

By
The Associated Press
The Associated Press
Down Arrow Button Icon
By
The Associated Press
The Associated Press
Down Arrow Button Icon
June 30, 2020, 6:00 PM ET

Subscribe to The Loop for a weekly brief on the revolutions in energy, technology, and sustainability, delivered free to your inbox.

A company wants to use an advanced balloon to fly customers from Earth’s surface in Alaska to the highest reaches of the planet’s atmosphere.

Florida-based startup firm Space Perspective plans to use the Pacific Spaceport Complex in Kodiak to serve as one of the launch sites for the vehicle, called the Spaceship Neptune, The Anchorage Daily News reported Sunday.

The balloon rides will be manned by a flight crew taking eight passengers in a pressurized capsule suspended beneath a hydrogen balloon the size of a football stadium.

Each passenger could pay an estimated $125,000 for a six-hour journey.

Mark Lester, CEO of Alaska Aerospace Corp., said the high-altitude rides will be available from Kodiak in a few years and will support Alaska tourism.

“You will have people from around the world who want to come to Alaska and see the northern lights from the edge of space,” Lester said.

Alaska Aerospace and Space Perspective will test and refine spaceport operations and secure spaceflight licenses from the Federal Aviation Administration.

Space Perspective plans to complete an unmanned test flight from the Shuttle Landing Facility at NASA’s Kennedy Space Center in Florida next year.

Passengers will begin with a two-hour ascent to about 19 miles (31 kilometers) above Earth. They will then be able to post on social media about the experience or send data.

“Neptune then makes a two-hour descent under the balloon and splashes down, where a ship retrieves the passengers,” along with the capsule and balloon, Alaska Aerospace said.

Capsule recovery would occur in the waters around Kodiak Island and the Aleutian Island chain, depending upon the seasonal wind patterns.

The balloon design is derived from technology NASA has used for decades to fly large research telescopes, Space Perspective said.

About the Author
By The Associated Press
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
Fortune Secondary Logo
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

President Donald Trump gesturing during his State of the Union address
Middle EastIran
Despite a $200 billion price tag, Trump admits the Iran war could just swap one bad leader for another
By Tristan BoveMarch 4, 2026
4 minutes ago
Teacher with her hands on her head
SuccessCareers
The average American teacher makes $72,000, but one in three are so broke they’re taking on side hustles like Uber driving
By Preston ForeMarch 4, 2026
1 hour ago
oppenheimer
InvestingMarkets
Goldman’s top strategist warns stocks are flashing the same warning signs as before the 2008 financial crisis
By Nick LichtenbergMarch 4, 2026
1 hour ago
Current price of Bitcoin as of Wednesday, March 4, 2026
Personal FinanceCryptocurrency
Current price of Bitcoin for March 4, 2026
By Joseph HostetlerMarch 4, 2026
3 hours ago
Current big bank CD rates as of March 4, 2026
Personal FinanceCertificates of Deposit (CDs)
Top CD rates from major banks on March 4, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerMarch 4, 2026
4 hours ago
Current price of silver as of Wednesday, March 4, 2026
Personal Financesilver
Current price of silver as of Wednesday, March 4, 2026
By Joseph HostetlerMarch 4, 2026
4 hours ago

Most Popular

placeholder alt text
Economy
Interest on the $38.8 trillion national debt has tripled since 2020, and it already costs taxpayers more than defense and Medicaid
By Nick LichtenbergMarch 2, 2026
2 days ago
placeholder alt text
Personal Finance
Current price of silver as of Tuesday, March 3, 2026
By Joseph HostetlerMarch 3, 2026
1 day ago
placeholder alt text
Real Estate
Meet a burned out 28-year-old who pays $168 a month in China's faux Venice to retire early from her Shanghai finance gig
By Albee Zhang and The Associated PressMarch 2, 2026
2 days ago
placeholder alt text
Cybersecurity
Cities join Amazon in cutting ties with license-plate reader Flock following Ring's Super Bowl ad—that Flock 'didn't have anything to do with'
By Catherina GioinoMarch 3, 2026
23 hours ago
placeholder alt text
Middle East
Iran’s Islamic Revolutionary Guard controls a sprawling business empire that dominates the economy
By Jason MaMarch 2, 2026
2 days ago
placeholder alt text
Personal Finance
Current price of gold as of March 3, 2026
By Danny BakstMarch 3, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.