Via Jason Stoddard (and originally found at the Something Awful forums – have that, top-down media channels!), here are some Danish dudes doing something that, on paper, seems somewhere between naively hubristic and charmingly Quixotic: they’re trying to build a sub-orbital rocket vehicle for under €50,000. A vehicle that can carry a human passenger, that is. YA RLY.
This is a non-profit suborbital space endeavor, based entirely on sponsors and volunteers. Our mission is to launch a human being into space.
We are working fulltime to develop a series of suborbital space vehicles – designed to pave the way for manned space flight on a micro size spacecraft.
Two rocket vehicles are under development. A small unmanned sounding rocket, named Hybrid Atmospheric Test Vehicle or HATV and a larger booster rocket named Hybrid Exo Atmospheric Transporter or HEAT, designed to carry a micro spacecraft into a suborbital trajectory in space.
These guys aren’t just pipedreaming it up in the undergrad lounge, either; they just yesterday tested their HEAT-1x booster rocket. Got propulsion pr0n?
Maybe the top of the gravity well really is entrepreneurial turf from here onwards.

Say what you like about Richard Branson, but the man’s got standards and he sticks to ’em. One of those standards would appear to be not corrupting his brands with what some punters might consider to be unsavoury business… at least that’s my guess after hearing that