Named after the Italian artist who designed the first aircraft, the project will cost about $5 million and will take about 18 months to complete, Feeney said. The group will begin constructing the vehicle this fall and has already test fired its engines and flown its flight systems, he said.
The 5,500-pound (2,500-kilogram) rocket will be tethered 1,000 feet (300 meters) below a 25-story hot-air balloon that will lift it to about 40,000 feet (12,190 meters).
The spacecraft’s 10,000 pound thrust engines will then fire the first stage to allow the rocket to fly at an angle away from the