Swiss Space Systems | Wikipedia audio article
Channel: wikipedia tts
Date: 2019-03-26

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Swiss_Space_Systems


00:02:29 1 History
00:03:14 2 S3 Suborbital spaceplane
00:04:29 2.1 Future launch projections
00:04:47 3 S3 Spaceport
00:05:40 4 S3 Zero G
00:07:00 5 CEO attacked
00:07:47 6 See also



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SUMMARY
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Swiss Space Systems (S3) was a company which planned to provide orbital launches of miniaturized satellites and manned sub-orbital spaceflights. The company was based in Payerne in western Switzerland, near Payerne Air Base, where it planned to build a spaceport in 2015. Suborbital spaceplanes were to be launched from an Airbus A300, giving the spacecraft more initial speed and altitude than if it were launched from the ground. The spacecraft, in turn, would release a disposable third stage.As of  March 2013, the company planned to charge 10 million CHF (US$10.5 million) per launch using unmanned suborbital spaceplanes that could carry satellites weighing up to 250 kilograms (550 lb). Costs were expected to be reduced by the reusable nature of the spaceplane and launch facilities, and by somewhat lower fuel-consumption than conventional systems.In 2013, S3 also hoped to develop a manned version of its suborbital spaceplane to provide supersonic intercontinental flights to paying customers. According to CEO Pascal Jaussi: "Far from wishing to launch into the space tourism market, we want rather to establish a new mode of air travel based on our satellite launch model that will allow spaceports on different continents to be reached in an hour."As of  March 2013, project partners included the European Space Agency, Dassault Aviation and the Von Karman Institute.According to Swiss public broadcasting, Swiss Space Systems became heavily indebted. In 2016, Swiss Space Systems asked to delay bankruptcy procedures as new funds from Singapore bank Axios Credit were expected. However, news tabloid Blick reported that Singapore authorities declared that Axios is not a licensed bank. On 14 December 2016, Swiss Space Systems was declared bankrupt in the civil court of Broye and North Vaud.