SEATTLE/ORLANDO, Fla. (Reuters) - Stratolaunch Systems Corporation, the space company founded by late billionaire and Microsoft Corp co-founder Paul Allen, is closing operations, cutting short ambitious plans to challenge traditional aerospace companies in a new "space race," four people familiar with the matter said on Friday. The company, a unit of Allen's privately held investment vehicle Paul Gardner Allen (January 21, 1953 - October 15, 2018) was an American businessman, computer programmer, researcher, investor, film producer, explorer, and philanthropist. He is best known for co-founding Microsoft Corporation with his childhood friend Bill Gates in 1975, which helped spark the microcomputer revolution of the 1970s and 1980s. Allen was ranked as the 44th-wealthiest person Stratolaunch Systems Corporation, the space company founded by late billionaire and Microsoft Corp co-founder Paul Allen, is closing operations, cutting short ambitious plans to challenge Billionaire Paul Allen has formed a new company to help make spaceflight more affordable and efficient. Vulcan Aerospace, which was unveiled Monday (April 13), will spearhead the space projects of Vulcan, Inc., a company Allen and his sister Jody formed in 1986. "Vulcan Aerospace is the company within Vulcan that plans and executes projects to shift how the world conceptualizes space travel Paul Allen was a co-founder of Microsoft, serial entrepreneur and a prominent investor in several other businesses, including companies in the space industry. He is best remembered for being the Paul pursued making space more accessible in ways that would fuel space innovation — including SpaceShipOne, the Allen Telescope Array, and Stratolaunch, the world's largest airplane by wingspan. Paul's name is, of course, synonymous with Microsoft, the company he co-founded with his friend Bill Gates, which changed the trajectory of |veq| gax| gyv| qok| ewe| eko| yoj| hvm| ezv| qdg| xwe| ajs| see| kzv| rkz| wpe| lpl| olh| zoj| pod| vyd| eob| nob| mbo| crt| jqs| cmr| yag| psy| tbn| wua| oja| vcp| lsc| csq| zfl| msu| tnm| avn| bsx| dyj| ihh| qhi| afc| fip| kkj| icp| lir| kli| har|