Costa Rica Coffee Guide

Chang’s Rocket Co. To Be Publicly Traded

April 25, 2008

Ad Astra Rocket, the company started by Costa Rica’s famous physicist and astronaut Franklin Chang, plans to go public on the National Stock Exchange.

Chang’s company will take advantage of a new program through the National Stock Exchange that gives small and mediumsized companies the opportunity to dip their toes into the market.

The company’s stock will be directed toward a small group of “sophisticated” investors who are not afraid of high risk stocks and who buy into Ad Astra’s dream, according to Ronald Chang, executive director of the company’s Costa Rican branch.

Based in Liberia, in the northwestern province of Guanacaste, Ad Astra Rocket is developing a plasma engine it plans to market to the U.S. space agency NASA as a way to cut travel to Mars in half.

 

You may be interested

Costa Rica coronavirus updates for Thursday, October 29
Costa Rica
5961 views
Costa Rica
5961 views

Costa Rica coronavirus updates for Thursday, October 29

Alejandro Zúñiga - October 29, 2020

Costa Rica announced 17 new coronavirus-related deaths over the last day for a total of 1,357, according to official data…

‘Moderate to strong’ La Niña this year, UN says
Climate Change
3038 views
Climate Change
3038 views

‘Moderate to strong’ La Niña this year, UN says

Nina LARSON / AFP and The Tico Times - October 29, 2020

Global temperatures boosted by climate change will still be higher than usual despite the cooling effect of a "moderate to…

Costa Rica bets on carbon offsets to conserve environment, support eco-tourism
Costa Rica
10 views
Costa Rica
10 views

Costa Rica bets on carbon offsets to conserve environment, support eco-tourism

Alejandro Zúñiga - October 29, 2020

SARAPIQUÍ, Heredia — Costa Rica is offering tourists the opportunity to reduce their carbon footprint as part of a program…