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During week commencing 23 April 2007 Starchaser mailed letters to all those who have
registered as potential Starchaser investors. The letter provides an update on our
share offer, describing the proposed strategy through to making an Initial Public
Offering (IPO). A questionnaire is attached for potential investors to
complete and return.
A copy of the letter may be seen by following the link below
 Letter to potential investors, April 2007
If you have previously registered your interest with us, and are on the Prospectus
Database linked above, but have not received a letter, please contact us so we may
update our records.
Limited release of shares in Starchaser will soon be available to the public and Club
Members as we progress into a PLC. For an investment of circa £1000 you will become an
owner of the world's most exciting private space venture.
To register your interest and reserve a prospectus please follow the link at the top of
this page and complete the on-line form. Once submitted, you can confirm your details
have been registered with Starchaser by looking for your name on our database [link also
at top of page].
Starchaser Industries Limited is run by Steven Bennett, the Director of Space Technology
at the University of Salford, who has over 20 years experience in developing and launching
re-usable rockets.
The Company's longer-term objective is to create and lead the (potentially) enormous market
in commercial space travel and tourism at an affordable price.
The potential market for space travel and tourism is huge. With the latest research carried
out by the Futron Corporation 'Space Tourism Market Study' (October 2002), it is estimated
that sub-orbital space tourism could soon become a $300 million a year industry, with the
ultimate potential of orbital travel and space tourism to become a $10 billion dollar a
year industry. This is the real 'prize' of which Starchaser intends to take a part.
Evidence already abounds with the world's first two space tourists Dennis Tito and Mark
Shuttleworth paying the Russian space agency 20 million dollars each for access to the
stars. Our aim is to offer sub-orbital flights at a vastly reduced cost, perhaps as low
as £25k/trip within 3 years.
Starchaser Industries has grown from a volunteer group to a focused and well-motivated team
consisting of both full-time and part-time employees, and volunteers.
The core team consists of degree-qualified personnel with experience in all aspects of
rocket design, propulsion and construction. Starchaser personnel work on all aspects
of vehicle and propulsion design, testing, integration, launching and recovery. All
components are designed in-house, while manufacture is sub-contracted to external
companies who specialise in the appropriate field.
The use of specialist sub-contractors has enabled Starchaser to achieve significant
progress with minimal investment in tooling and facilities. The sub-contract
companies utilise the latest materials and technology to manufacture components to
the highest standards and tolerances.
Extensive use of off-the-shelf components help reduce costs and minimize risks whilst
advanced composite materials and alloys with superior strength to weight ratios are
employed in airframe construction.
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