“It’ll be ready to fly into low earth orbit within a year,” Jarvis told vnunet.com.
“All we need now is some extra funding but $1.5 million would get it airborne.”
Initially the flights will involve using a balloon to lift the craft and passengers to 113,000 feet before detaching and then being piloted back to earth.
The next stage is to attach a booster and take it higher so that passengers can experience about 15 minutes of weightlessness.
Jarvis estimates that the trip will cost about the same as a family car.