Japanese startup Iwaya Giken is launching a space tourism business to take sightseers on balloon rides 25 kilometers into the stratosphere
Iwaya Giken noted that while passengers need not undergo special training to make the trip but ticket prices would not be cheap, initially starting at around 24 million yen ($178,100) per person.
Company President Keisuke Iwaya said they will be able to reduce the price to the 1 million yen to 2 million yen range in the future.
Iwaya Giken may begin offering the service by the end of the year.
The service lets passengers ride on the balloon that would ascend for two hours, and stay in the stratosphere for an hour, letting them enjoy the view.
The cabin of the 41-meter-high balloon, which seats two people, is spherical and has a 1.5-meter diameter.
The balloon measures 41 meters high and has a spherical two-seater cabin, which is 1.5 meters in diameter.
The cabin was designed to be impervious to variations in air pressure and temperature. In the event of an emergency, it may be converted into a parachute and outfitted with life support systems.
Iwaya claimed that it created everything in-house to ensure safety, including its communication devices.
By the end of this year, the company hopes to hire five passengers and a pilot for the initial batch of flights, which it hopes to begin from Hokkaido.
It has conducted more than 300 flight tests, with the highest point reaching about 40 kilometers into the sky.
The firm is partnering with a major travel agency, JTB Corp., to organize the tours.
After analyzing the results of the experiments and test flights, JTB Corp. will determine whether it is ready to start selling package deals.


Trump Administration to Launch Autism Initiatives Targeting Acetaminophen Use and New Treatment Options
Robinhood Expands Sports Event Contracts With Player Performance Wagers
Ford Takes $19.5 Billion Charge as EV Strategy Shifts Toward Hybrids
Instacart Stock Drops After FTC Probes AI-Based Price Discrimination Claims
The Beauty Beneath the Expressway: A Journey from Self to Service
Disaster or digital spectacle? The dangers of using floods to create social media content
Canada’s local food system faces major roadblocks without urgent policy changes
Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge
Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge
Why a ‘rip-off’ degree might be worth the money after all – research study
FDA Pilot Program Eases Rules for Nicotine Pouch Makers
SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market
Eli Lilly’s Inluriyo Gains FDA Approval for Advanced Breast Cancer Treatment
South Korea Warns Weak Won Could Push Inflation Higher in 2025
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 



