Instapundit hooks into an article on Burt Rutan's bid for the "X Prize." Here is Rand Simberg's links on the same subject.
When I was representing Scaled Composites and the Rutan Brothers - Home Town alert: they are both originally from Fresno - I visited the Scaled Composite place of business in Mojave a couple of times. I remember thinking that Burt and his crew had every twelve year old boys dream - they got to build model airplanes and fly them. They are actually a pretty goofy crew. I remember when my firm was representing them they were working on a low altitude, low speed, ground troop support aircraft for the Marines. I guess it didn't make it into production, but it was a fairly small plane - I think it was canard style - with a cannon mounted on one side of the fuselage. They loved telling stories of buzzing Mojave businesses with this really neat plane and just wanted some ammo for the cannon.
I hope Burt wins the prize. Actually, I hope anyone does.
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