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NASA Invests In Private Sector Space Flight With SpaceX And Rocketplane-Kistler
spacedaily.com ^ | 08/21/06

Posted on 08/21/2006 8:02:27 PM PDT by KevinDavis

NASA is making an unprecedented investment in commercial space transportation services with the hope of creating a competitive market for supply flights to the International Space Station (ISS).

Two industry partners will receive a combined total of approximately $500 million to help fund the development of reliable, cost-effective access to low-Earth orbit. The agency is using its Space Act authority to facilitate the demonstration of these new capabilities.

NASA signed Space Agreements Aug. 18 with Space Exploration Technologies (SpaceX) of El Segundo, Calif., and Rocketplane-Kistler (RpK) of Oklahoma City to develop and demonstrate the vehicles, systems, and operations needed to support a human facility such as ISS. Once the space shuttle is retired, NASA hopes to become just one of many customers for a new, out-of-this-world parcel service.

(Excerpt) Read more at spacedaily.com ...


TOPICS: Business/Economy; Miscellaneous
KEYWORDS: rocketplane; space; spacex

1 posted on 08/21/2006 8:02:28 PM PDT by KevinDavis
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To: RightWhale; Brett66; xrp; gdc314; anymouse; NonZeroSum; jimkress; discostu; The_Victor; ...

2 posted on 08/21/2006 8:03:10 PM PDT by KevinDavis (http://www.cafepress.com/spacefuture)
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