Space enthusiasts keen to explore the skies but deterred by the hefty price tag will soon be able to board a rocket for just a fraction of the cost.

A CALIFORNIAN aerospace company plans to enter the space tourism industry with a two-seat rocket ship capable of suborbital flights to altitudes more than 37 miles above the Earth.

A California aerospace company plans to enter the space tourism industry with a two-seat rocket ship capable of suborbital flights to altitudes more than 37 miles above the Earth.