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Billionaire Richard Branson's Virgin Galactic, along with Virgin Unite, is set to take a major step forward this weekend when a rocket ship blasts off in California to give its executives a taste of the firm's commercial space programme.
The first of Virgin's SpaceShipTwo flight tests is scheduled for 10am, California time (11am GMT) on Saturday from California's Mojave Air and Space Port, and is the culmination of years of development and engineering.
On board the ship, three pilots - former airline pilot Mike Alsbury, Richard (CJ) Searfoss and Mark Stucky - will pilot it at hypersonic speeds.
The pioneering rocket ship will test a number of manoeuvres, including a so-called "feathering" system to slow down the ship's speed and a flight with "feathering" turned off, just to make sure it does not tear apart.
The ship will also soar to altitudes of 65,000 feet - twice the altitude of commercial airliners - before the pilots make their way back to Earth to splat into the ocean.
The Virgin Galactic company makes all its money from selling seats on flights to space, either to passengers or through commercial and government organisations.
The low-cost flights are already sold out through until the end of the decade, and last year the firm opened a new spaceport in New Mexico, just west of the Texas border.
The company says that, by 2020, the company plans to build a massive, industrial spaceport in the US state of Texas, called Spaceport America.
The spaceport will be used to build and launch the aircraft that will become the first of Virgin Galactic's spacecraft.
Virgin founder and CEO Sir Richard Branson attends the announcement of the new Virgin Atlantic "CosmicClass" commercial space flight programme at the International Space Station in July 2004. Lucas Jackson/Reuters
Branson's other space firm, Virgin Galactic, is much bigger than Virgin Unite and has already built four rockets that have carried space tourists in the United States and other countries, while receiving the necessary permissions.
However, the commercial operations are still in their infancy.
Virgin Galactic is building its own spaceship, the second version of the company's Lynx spaceship, and has received permission to fly to space at a cost of $200,000 per seat.
"Virgin Galactic's rocket ship and spacecraft will be the first of many. Space is going