Billionaire Richard Branson's Virgin Galactic Holdings Inc said on Monday that it had partnered with NASA to develop a private space mission promotion program for the International Space Station that would increase the company's shares by more than 14%.
As part of its agreement with the Johnson Space Center, the space tourism company will identify companies that want to buy private missions and develop training packages, as well as support transportation, orbital and ground resources.
NASA relies heavily on private companies that share common visions for space exploration as it prepares for a long-term presence on the moon and prepares for a manned mission to Mars.
The space launch system slated to make its debut next year is NASA's voyage to transport people from Earth to the Moon by 2024.
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