Super Mod (rocket)
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Super Mod (rocket)
Armadillo Aerospace was an aerospace startup company based in Mesquite, Texas. Its initial goal was to build a crewed suborbital spacecraft capable of space tourism, and it had also stated long-term ambitions of orbital spaceflight. The company was founded by John Carmack,Armadillo Aerospace FAQ
former co-founder and chief technical officer of id Software. On October 24, 2008, Armadillo won $350,000 by succeeding in the Level 1 Lunar Lander Challenge, Northrop Grumman Lunar Lander Challenge. On September 12, 2009, Armadillo won $500,000 by succeeding in Level 2 of the same challenge.
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Privately Held 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 ...
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