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ARCA (NGO)
Romanian Cosmonautics and Aeronautics Association ( ro, Asociația Română pentru Cosmonautică și Aeronautică), also known as ARCAspace, is an aerospace company based in Râmnicu Vâlcea, Romania. It builds rockets, high-altitude balloons, and UAV, unmanned aerial vehicles. It was founded in 1999 as a non-governmental organization in Romania by the Romanian engineer and entrepreneur Dumitru Popescu and other rocket and aeronautics enthusiasts. Since then, ARCA has launched two stratospheric rockets, four large scale stratospheric balloons including a cluster balloon and was awarded two governmental contracts with the Romanian government and one contract with the European Space Agency. ARCASpace is currently developing a multistage rocket, three-stage, reusable launch system, semi-reusable steam rocket, steam-powered rocket called EcoRocket and in 2022 has shifted its business model to Asteroid mining, Asteroid mining. History 1999–2004: Demonstrator rocket family ARC ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
