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NEWS
Space race hots up as Chinese investor plans US$1.5bn theme park with real space flights
POSTED 09 Sep 2016 . BY Tom Anstey
The 'Traveller' will be carried upwards by a helium-filled balloon. Once at target altitude, the capsule will remain in the atmosphere for up to three hours, before descending to the landing area using GPS tracking Credit: KuangChi Science
A major Chinese investor is hoping to pip Richard Branson to the post in the space tourism race, unveiling US$1.5bn (€1.3bn, £1.1bn) plans to build a theme park in Hangzhou centred around a 21km (13m) balloon ride into the upper reaches of earth’s atmosphere.

The ambitious plans by Shenzen-based company KuangChi Science will offer a leisurely skyride, using a high-altitude weather balloon to transport passengers to more than double the height of a commercial flight, offering scenic views of the earth's curvature.

KuangChi – headed by Liu Ruopeng – has detailed the plans on its website, which will use a pressurised capsule, called the “Traveller,” that will be carried upwards by a helium-filled balloon. Once at target altitude, the capsule will remain in the atmosphere for up to three hours, before descending to the landing area using GPS tracking.

With the descent to earth usually a bumpy one, the capsule, in development for a number of years, will mitigate the force of gravity by using a ballistic parachute that will open in stages, also featuring a buffering gasbag to slow the capsule when it lands.

"Our mission is to develop science and technology that create a future life ecology. We have chosen Hangzhou because it is a city that embraces innovation and tolerates failure, for the Valley. Moreover, the Qingshan Lake, where the Valley is going to be built, has a large water surface and cubical space for us to run the machine," said Liu, speaking to China Daily.

"Science needs globalisation to deliver a connected system that fundamentally changes every aspect of people's life. An important theme of the event is to connect the world into a common community, which is exactly what future science needs to create new productivity."

The theme park, which will be developed at a cost of US$1.5m (€1.3m, £1.1m), will include a simulator version of the balloon ride for those who cannot afford the cost of the real thing, with the ride itself expected to cost in the region of US$75,000 (€66,000, £56,000) per person. The park expected to open in 2017.

The balloon flights will be in direct competition with Richard Branson’s Virgin Galactic, which started a new round of testing earlier in the year following a fatal crash. Once completed, Virgin Galactic will fly at a much higher 46km (28.5m), though the cost will also soar to US$250,000 (€221,500, £188,000) per person.
RELATED STORIES
  Virgin Galactic reveals new craft for commercial space travel


Sir Richard Branson’s intergalactic ambitions have taken flight once more, after Virgin Galactic unveiled an updated version of its commercial spacecraft, which will begin a new round of testing following a fatal crash 16 months ago.
  Another step forward for space tourism plans


Britain’s ambitious space tourism are taken one step closer, after a three month consultation has shown widespread support for a UK spaceport.
  Scotland dominates list of potential sites for UK spaceport


The UK’s bid to become a space tourism hotspot has taken a ‘giant leap’ forward, after the government unveiled eight coastal sites under consideration to host the country’s first spaceport – six of which are in Scotland.
  FAA grants experimental launch permit for Virgin Galactic spacecraft


Virgin Galactic has moved a step closer to operating commercial space travel services after it secured an experimental launch permit by the Federal Aviation Administration (FAA).
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Jobs    News   Products   Magazine   Subscribe
NEWS
Space race hots up as Chinese investor plans US$1.5bn theme park with real space flights
POSTED 09 Sep 2016 . BY Tom Anstey
The 'Traveller' will be carried upwards by a helium-filled balloon. Once at target altitude, the capsule will remain in the atmosphere for up to three hours, before descending to the landing area using GPS tracking Credit: KuangChi Science
A major Chinese investor is hoping to pip Richard Branson to the post in the space tourism race, unveiling US$1.5bn (€1.3bn, £1.1bn) plans to build a theme park in Hangzhou centred around a 21km (13m) balloon ride into the upper reaches of earth’s atmosphere.

The ambitious plans by Shenzen-based company KuangChi Science will offer a leisurely skyride, using a high-altitude weather balloon to transport passengers to more than double the height of a commercial flight, offering scenic views of the earth's curvature.

KuangChi – headed by Liu Ruopeng – has detailed the plans on its website, which will use a pressurised capsule, called the “Traveller,” that will be carried upwards by a helium-filled balloon. Once at target altitude, the capsule will remain in the atmosphere for up to three hours, before descending to the landing area using GPS tracking.

With the descent to earth usually a bumpy one, the capsule, in development for a number of years, will mitigate the force of gravity by using a ballistic parachute that will open in stages, also featuring a buffering gasbag to slow the capsule when it lands.

"Our mission is to develop science and technology that create a future life ecology. We have chosen Hangzhou because it is a city that embraces innovation and tolerates failure, for the Valley. Moreover, the Qingshan Lake, where the Valley is going to be built, has a large water surface and cubical space for us to run the machine," said Liu, speaking to China Daily.

"Science needs globalisation to deliver a connected system that fundamentally changes every aspect of people's life. An important theme of the event is to connect the world into a common community, which is exactly what future science needs to create new productivity."

The theme park, which will be developed at a cost of US$1.5m (€1.3m, £1.1m), will include a simulator version of the balloon ride for those who cannot afford the cost of the real thing, with the ride itself expected to cost in the region of US$75,000 (€66,000, £56,000) per person. The park expected to open in 2017.

The balloon flights will be in direct competition with Richard Branson’s Virgin Galactic, which started a new round of testing earlier in the year following a fatal crash. Once completed, Virgin Galactic will fly at a much higher 46km (28.5m), though the cost will also soar to US$250,000 (€221,500, £188,000) per person.
RELATED STORIES
Virgin Galactic reveals new craft for commercial space travel


Sir Richard Branson’s intergalactic ambitions have taken flight once more, after Virgin Galactic unveiled an updated version of its commercial spacecraft, which will begin a new round of testing following a fatal crash 16 months ago.
Another step forward for space tourism plans


Britain’s ambitious space tourism are taken one step closer, after a three month consultation has shown widespread support for a UK spaceport.
Scotland dominates list of potential sites for UK spaceport


The UK’s bid to become a space tourism hotspot has taken a ‘giant leap’ forward, after the government unveiled eight coastal sites under consideration to host the country’s first spaceport – six of which are in Scotland.
FAA grants experimental launch permit for Virgin Galactic spacecraft


Virgin Galactic has moved a step closer to operating commercial space travel services after it secured an experimental launch permit by the Federal Aviation Administration (FAA).
MORE NEWS
Butterfly sanctuary to host hot yoga during retreat at Jersey Zoo for Hotel de France
Hotel de France, located on the British Isle of Jersey, has created a wellness retreat package that includes a hot yoga session that will take place in Jersey Zoo’s butterfly sanctuary.
Warner Bros Discovery collaborates on upcoming Pompeii attraction
A new immersive attraction designed to transport visitors into the final hours of ancient Pompeii is preparing to open near the world-famous archaeological site in southern Italy.
Bob Rogers hands BRC to long-serving leadership team
Experience design company, BRC Imagination Arts, has completed a transition that sees founder Bob Rogers pass ownership of the business to four long-serving senior executives, while remaining actively involved with the company.
Rainer Maelzer joins Therme Group as chief entertainment officer
Rainer Maelzer, an experiential entertainment innovator, has been appointed chief entertainment officer by Therme Group.
Movie Park Germany reveals new Paramount attraction as part of its 30th anniversary celebrations
Movie Park Germany has opened a new Paramount Pictures-themed attraction as part of its 30th anniversary celebrations, using immersive storytelling and adaptive reuse to reinforce the park’s longstanding “Hollywood in Germany” positioning.
Therme Manchester reveals 90:90 strategy – 90 per cent of the UK population within a 90-minute drive of a Therme
Therme Manchester’s 28-acre development, which will include interconnected glass pavilions that measure 65,000sq m, will be the largest bathing and wellbeing attraction in the world once complete, according to prof David Russell, CEO of Therme UK. 
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COMPANY PROFILES
Clip 'n Climb

Clip ‘n Climb currently offers facility owners and investors more than 40 colourful and unique Cha [more...]
Painting With Light

By combining lighting, video, scenic and architectural elements, sound and special effects we tell s [more...]
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
QubicaAMF UK

QubicaAMF is the largest and most innovative bowling equipment provider with 600 employees worldwi [more...]
+ More profiles  
FEATURED SUPPLIER

Iconic Liverpool attraction opens door to new operators
An opportunity to reimagine one of the UK’s most recognisable towers has been formally opened by Rivington Hark, as St Johns Beacon invites operators and partners to shape its next phase. [more...]
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

23-26 Aug 2026

Elevate Spa Riviera Maya Edition

The Riviera Maya Edition Kanai, Playa del Carmen, Mexico
29 Sep - 02 Oct 2026

Synergy - The Retreat Show

Pical Resort, Valamar Collection, Porec, Croatia
+ More diary  
 


ADVERTISE . CONTACT US

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Tel: +44 (0)1462 431385

©Cybertrek 2026

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
LEISURE MEDIA HANDBOOKS
LEISURE MEDIA WEBSITES
LEISURE MEDIA PRODUCT SEARCH
ATTRACTIONS MANAGEMENT NEWS
ATTRACTIONS HANDBOOK
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