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Or at least, I hope so, considering how much cheaper it is for SpaceX to get any payload into orbit vs. a government.
Then eventually Branson will be able to get folk actually to the Bigelowe pods.... and then space will change forever (DISNEY.... IN... SPACE SPACE ACE ACE )
Branson's not-new, but newly respected idea is simple enough: use the lifting power of the air to get the launch vehicle up to an altitude, and to a forward velocity, where the rather underpowered N2O/polybutyl rubber "engine" (really a rocket thruster) can go, go, go. Rather underpowered I bespeak? Yes: not really enough power to get a vehicle into a stabilized orbit. The success was more of a parabolic ballistic track, requiring only about 1/3 the invested kinetic energy of a true orbital shot.
But it is still good science.
I think it needs to become a "three stage" design though, to become really practical.
Stage 1: a broader-winged lifter, with large swept back titanium sheathed wings, black. To carry a heavier payload (its going to be stage 2 that adds most of the weight).
Stage 2: two rather large liquid fueld boosters, on a smaller frame. Takes the craft from 15 kilometers to 60 kilometers, bringing up velocity and changing vector to more orbital.
Stage 3: Orbiter "1" - similar design, N2O powered large polybutyl rubber fueled motor. Gets to 150 kilometers, 4,500 m/sec.
The unit is then in a eliptical orbit, sufficiently out of the atmosphere to maintain a few 90 minute revolutions around terra. azimuthal and other tweak thrusters control roll, yaw ... eventually turning "around" orbiter to decellerate near perigee to allow re-entry. Friction takes over then... I wonder how they intend to keep the thing from burning to a crisp?
After all, all those "tiles" under the shuttle weren't put there as an exercise in beautification.
GoatGuy