Friday, August 3, 2012

Boeing, SpaceX win NASA 'space taxi' funding race (updated)

Boeing, SpaceX reportedly wins NASA space taxi funding race

NASA has reportedly picked Boeing and SpaceX as the two companies to receive primary funding for the "Commercial Crew Program." The news was reportedly leaked to NBC News' Jay Barbree, but all parties involved have refused to comment until NASA makes the official announcement later today. While Boeing and SpaceX are likely to take home the bulk of $1 billion in funding, Sierra Nevada has been picked as the "standby" candidate -- with a mandate to step in if either primary partner fails. If true, then it means that Jeff Bezos' Blue Origin has been cut out of the race entirely -- although disappointment is easier to take if you're a billionaire... we've heard.

Update: NASA's confirmed its picks, with back-up choice Sierra Nevada picking up $212.5 million, while Space X and Boeing got $440 million and $460 million, respectively. To celebrate, SpaceX's crafted another stargazing video -- it's right after the break.

Continue reading Boeing, SpaceX win NASA 'space taxi' funding race (updated)

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Boeing, SpaceX win NASA 'space taxi' funding race (updated) originally appeared on Engadget on Fri, 03 Aug 2012 06:01:00 EDT. Please see our terms for use of feeds.

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