This release from Scaled Composites confirms rumors that Microsoft co-founder Paul Allen is the financial backer of the SpaceShipOne project. Allen sponsors Scaled Composites’ cutting-edge X-Prize entry, attends today’s successful test flight of the first manned privately funded supersonic aircraft. Investor Paul G. Allen today confirmed international speculation that he is the long-rumored sponsor behind the innovative SpaceShipOne project, which broke the sound barrier today during its first manned test flight. SpaceShipOne and its White Knight turbojet launch aircraft represent the first private non-government effort to demonstrate a low-cost manned space effort. SpaceShipOne is a contender for the coveted X-prize.

“Being able to watch today’s successful test flight in person was really an overwhelming and awe-inspiring experience. I’m so proud to be able to support the work of Burt Rutan and his pioneering team at Scaled Composites,” said Paul G. Allen, who has funded the effort since he and Rutan joined forces in March of 2001. “As we celebrate the centennial of flight, it’s wonderful to be able to capture the spirit of innovation and exploration in aviation. SpaceShipOne is a tangible example of continuing humankind’s efforts to travel into space, and effectively demonstrating that private, non-government resources can make a big difference in this field of discovery and invention.”