Headlines > News > Starchaser will be conducting a business planning in order to move forward with the Starchaser share offer

Starchaser will be conducting a business planning in order to move forward with the Starchaser share offer

Published by Sigurd De Keyser on Sun Dec 11, 2005 11:21 pm
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Having engaged the services of a leading management consultancy firm Starchaser will be conducting a business planning and operational review on the 20th December in order to move forward with the Starchaser share offer.

The review will include the following;

  • Formal review of Starchaser projects and key business areas, including identifying viability of each at this stage of Starchaser’s development
  • Marketplace review
  • Project management systems and performance tracking methods
  • Corporate objective setting and target achievement processes
  • Expansion plans
  • Strengthening of management in order to achieve the above, if required
  • Identification of potential medium-term exit route options, for existing shareholders and potential investors
  • Identification of funding requirements for the key business and individual projects as appropriate

It is anticipated that the above will provide an insightful review of the company’s performance, position and capabilities, including areas for potential improvement, and proposals for achieving these.

A revised business plan will be based on business targets identified as part of the review process. It will be structured to serve as the main basis for the launch of Starchaser PLC and subsequent share offer.

Investor Opportunities

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 £1085 you will become an owner of the world’s most exciting private space venture.

To register your interest and reserve a prospectus please complete the on-line form.

Prospectus Form

To confirm your details have been registered with Starchaser, please look for your name on our database.
If you do not recognise your profile re-register using the form above.

Prospectus Database

Background

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. Steve now heads a team of 7 full time employees at the Company’s base in Cheshire.

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 Market

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.

Core Capabilities

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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