. | . |
S3 delays ZeroG launch and IPO campaign by Staff Writers Payerne, Switzerland (SPX) Dec 19, 2015
Technical and contractual delays in the calendar of the young Swiss startup have resulted in the postponement of the ZeroG flight campaign. They were last scheduled to begin at end of 2015. Swiss Space Systems maintains its initial strategic direction, including the assurance that its customers around the world will benefit of a robust legal framework completely compliant with the commercial aviation regulation. The implementation of commercial and scientific parabolic flights through a certification as an airline is a world premiere. It requires long and detailed work with the respective airworthiness authorities. The IPO of Swiss Space Sytems will be pursued, as well as the option offered to certain customers to convert their ZeroG tickets into company shares. However, the IPO will be postponed to ensure the best possible valuation of S3 when it enters the stock market. S3 has been able to rely on strong industrial partners and suppliers who were able to support its pioneering projects, contributing to the development of the company, both nationally and internationally since its inception. The continuity of these relationships and public confidence in the company strengthen its willingness to make every effort towards the success of these objectives. The company acknowledges that calendar changes may exercise the patience of its ZeroG passengers. Swiss Space Systems would like to thank all of them for their confidence. They will soon receive a direct information letter with further updates on the program. Swiss Space Systems continues to work with firm determination in order to achieve its objective as soon as possible: To provide affordable access to its ZeroG flights to the public at large, in Switzerland and abroad.
Related Links Swiss Space Systems The Physics of Time and Space
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |