British tycoon Richard Branson said on Wednesday his children would join him on the first of his Virgin Galactic space flights, as he unveiled a new satellite launching service.

Outlining his plans a

A Singaporean businessman, his wife and two children have paid $1 million to become the first Asian family to fly together on space-tourism airline Virgin Galactic, the company announced on Monday.

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British business magnate Richard Branson hopes to launch a vessel into space within the next 12 months, kicking off an era of commercial space travel.

"The mother ship is finished... The rocket tests