Recovery Funds Contribute to Next Generation of Space Vehicles

Artist’s rendition of Sierra Nevada Corporation’s proposed Dream Chaser vehicle approaching the International Space Station
In January 2010 five private companies received a combined total of $50 million in Recovery grants from NASA to complete the initial steps in the design and construction of new space transportation vehicles. These “space taxis,” as NASA calls them, are intended to replace the NASA shuttle fleet when it is retired later this year. Three of the companies completed work on their projects in December, the other two completed work in the first quarter of 2011.
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