Red Bull Stratos Project Stalls Over Lawsuit

Red Bull has put upon hold a project to establish a brand new high-altitude skydiving jot down after being strike by a legal case alleging that a association stole a thought from a potential commercial operation partner.

In a matter released upon Monday, Red Bull pronounced it had decided to stop a Red Bull Stratos program with immediate effect.

At issue is a legal case filed by an American entrepreneur who claims that he approached a association with an identical thought multiform years prior.

In papers filed in California Superior Court, Daniel Hogan alleges that in 2004, he pitched a thought of a similar high-altitude parachuting stunt to Red Bull, as well as that after on condition that a association with detailed technical as well as logistical information, he was turned down.

This was my idea, from begin to finish, Hogan told a Wall Street Journal.

In yesterdays statement, Red Bull pronounced that it had acted reasonably in its before dealings with Mr. Hogan, as well as will denote this as a box progresses.

A spokesperson from Red Bull declined to comment further upon a lawsuit.

Stratos is a project by Red Bull as well as Austrian skydiver Felix Baumgartner that aims to break a fifty-year-old jot down for top skydive ever completed. The planned jump, that had been tentatively scheduled for late 2010, would have seen Baumgartner ride in a specially-built balloon to an altitude of 120,000 feet, high enough to see a curvature of a Earth.

Wearing a spacesuit, hed afterwards jump out as well as tumble multiform minutes back to earth, likely violation a sound barrier in a process.

The association says that Baumgartner will go on to be involved with a project once it resumes.

Feature Photo: Red Bull Stratos

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Check out more of a jaunty put together by Red Bull upon Matador TV.


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