16:33 24 August 2015
Deutsches Zentrum für Luft- und Raumfahrt (DLR), a space research company is looking into building the world’s first ever “SpaceLiner” that can cut air travel by up to 20 times. The company says it could build the craft by 2030 IF it can raise $33 BILLION to fund the project.
If it succeeds, passengers can travel from Europe to the USA in under an hour.
Martin Sippel, DLR's leader of the SpaceLiner project, said: "We want to come up with a development road map.”
"We need a mission definition and this year we will do that in Phase A."
"We have several hundred million passengers traveling intercontinental distances each year and we think space should have a tiny portion of that.
"But even if the share will only be 0.2% why should we do it? From a space perspective that's a potentially huge impact."