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NASA invests USD 1.1 bn to build space taxis

Last Updated: Saturday, August 4, 2012 - 21:43

Washington: NASA has given three firms a total of $1.1 billion to build a new range of "space taxis" that will take astronauts to the International Space Station (ISS), a media report said.

The hi-tech spacecraft to be used to transport crew and supplies to the ISS will replace NASA`s space shuttles which were decommissioned last year, the Daily Mail reported.

The three firms are Sierra Nevada, Space X and Boeing, who will receive $212.5 million, $440 million, and $460 million, respectively.

The new deals represent NASA`s Commercial Crew Integrated Capability Programme, which aims to promote design and development of new private spacecraft to fill the gap left by the decommissioning of the space shuttles.

Boeing and SpaceX are developing space capsules, and Sierra Nevada is developing a winged space plane called "Dream Chaser", designed to launch vertically but land horizontally on conventional runways.


First Published: Saturday, August 4, 2012 - 21:36
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