A plan for a manned spacecraft has been announced by the European firm EADS. Its Astrium division has designed a variant of its space station freighter that could transport astronauts.
They propose to adapt the technology contained in Europe's new space station freighter, known as the Automated Transfer Vehicle, to make a crew ship capable of carrying three people. The ATV, which ferried just under five tonnes of supplies to the orbiting platform in April, is packed with sophisticated navigation, rendezvous and docking technologies. It also has a pressurised section that is "human rated" in the sense that, once docked to the 340km-high station, astronauts can move around inside it safely in just T-shirts.
But the ATV was not built with the intention of transporting humans across space, and a fit-for-purpose capsule would have to be developed to take the place of the current cargo section. In addition, the freighter is a use-once-and-throw-away vehicle - it has no capacity to re-enter the Earth's atmosphere intact. Heat-shield technology would therefore also need to be developed for the capsule, to help it survive the immense temperatures experienced when falling to Earth.
The concept announced on Tuesday has not yet been put formally to European partners who would need to support the venture if it were to proceed under the aegis of ESA.

From wiki:
The craft would be able to launch a 3 man crew beyond low Earth orbit via use of a modified version of the Ariane 5 rocket and would be more spacious than the russian Soyuz. If the project is given ESA approval developpment will procede in two stages:
The first unmanned version, capable of transporting cargo from space to earth safely, would be developed by 2013. This capability would be avalible to ESA even if further development were to be halted.
The second stage would adapt the then existing capsule to be able to transport people safely and would last 4 to 5 years at a cost of "a couple of billion (€)" acording to a senior Astrium representative.

Here's a futuristic-looking concept for a manned vehicle of the not-so-distant future. Buoyed by the success of the Jules Verne Automated Transfer Vehicle. There's just one little hurdle to overcome: currently, the ATV isn't capable of returning to Earth without burning up in the atmosphere. But Astrium says the cost for the upgrade would be reasonable, and an additional crew-capable vehicle would certainly come in handy for the ISS when the shuttles are retired in 2010.

The crew capsule replaces what was a cargo compartment on the Jules Verne.

Links:
http://news.bbc.co.uk/1/hi/sci/tech/7398517.stm
http://news.bbc.co.uk/1/hi/sci/tech/7419793.stm
http://www.theregister.co.uk/2008/05/15/manned_atv_modification_plan_rumours/
http://www.universetoday.com/2008/05/29/europe-unveils-concept-for-manned-atv/
http://www.thespacereview.com/article/1132/1
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