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Jeffrey Cohen Cohen's Fashion Optical Predicts Space Tourism Industry

Top Quote Jeff Cohen Foresees Asian Company will become the First to Enter the Space Tourism Industry by Establishing Regular Flights to their Space Hotel. End Quote
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    QuoteSpace Tourism Industry Predicted by Jeffrey Cohen from Cohen's Fashion OpticalQuote
  • (1888PressRelease) June 02, 2016 - Investment banker Jeffrey "Optical" Cohen vouches for China to be on the vanguard of space tourism through regular space trips.

    It is exactly 50 years since Mao Zedong, the iconic Chinese leader, dismissively stated that the country could not even land a potato on space. Well, in those 5 decades, a lot has changed and now one of the most outstanding investors in NY claims the country will become the first to start regular space trips.

    Jeffrey Cohen is not your ordinary futuristic speaker but a force to reckon with when it comes to project financing. As such, the industry was quick to stop and listen when he let known his feelings. Most analysts say he has invested heavily in the recent space projects but while he has not expressly stated so, his arguments stand out conspicuously.

    "The last few years have been tough on space tourism projects especially with the unfortunate Virgin Galactic's crash which killed one engineer in 2014. However, there is a bright side and today I want to categorically state that China is going to beat all the other countries as the leader in space tourism," the business magnate sensationally claimed.

    Chinese space tourism projects have not featured prominently in the debate and Cohen's ideas were thus received with skepticism. As usual, the flamboyant investor was quick to augment his predictions.

    "You can say I'm being overly unrealistic but one thing the world has to contend with is the growing technological capability of the Chinese. In 2003, the country became only the third to independently send an astronaut to space and back, "Jeff Cohen added.

    "Considering this development against the backdrop of the cutting Mao's assertion 5 decades ago, you have to appreciate the country has made tremendous steps forward," Jeff Cohen added.

    With projects such as XCOR Aerospace and Virgin Galactic still using components from the country, it will only be matter of time before the Chinese government decides to cash in on its massive cash flow and build a space hotel. This is one of the underpinnings of Cohen's argument and indeed industry analysts say reducing financial support from the U.S government is hampering expedited space tourism ventures.

    Will China beat other projects already underway to space? There is no denying the value of government support and burning ambition exhibited by the Chinese. Jeff Cohen believes these are invaluable in making space tourism a reality and for someone who is reputed to have heavily invested in these projects, you can bet he have good grounds to predict so.

    Jeffrey Cohen Cohen's Fashion Optical is best known as having invested heavily in financial service through his Golden Pear Funding, Golden Pear Merchant Capital and Orchard Street Funding groups. He is also the president of Cohen Group a global private equity investment venture.

    About Jeffrey Cohen:

    Jeff Cohen, Founder and CEO, has 8 years of experience in the same position at Golden Pear Funding, one of the top three national legal advance companies in the United States today. Mr. Jeffrey Cohen is also President of the Cohen Group, a private equity company managing a variety of investments and President of Operations for General Vision Services.

    Jeff Cohen is the successor of the New York City's famous Cohen's Fashion Optical. Today, there are over 100 Cohen's Fashion Optical stores in major mall and city locations throughout seven east coast states and Puerto Rico. Learn more at http://www.goldenpearfunding.com

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