Dawn Aerospace says rocket-powered aircraft will cost US$20m
The space plane has hit 50,000ft in test flights so far.
The Mk-11 aircraft's flight 53 take-off.
Space transportation company Dawn Aerospace said it had spent about US$10 million on the development of its rocket-powered aircraft and plans to complete it for under US$20m.
In a flight testing update today, the Kiwi-Dutch company said it had completed three flights in late July as part of its
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