AGL 39.58 Decreased By ▼ -0.42 (-1.05%)
AIRLINK 131.22 Increased By ▲ 2.16 (1.67%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.71 Increased By ▲ 0.22 (4.9%)
DCL 8.44 Decreased By ▼ -0.11 (-1.29%)
DFML 41.47 Increased By ▲ 0.65 (1.59%)
DGKC 82.09 Increased By ▲ 1.13 (1.4%)
FCCL 33.10 Increased By ▲ 0.33 (1.01%)
FFBL 72.87 Decreased By ▼ -1.56 (-2.1%)
FFL 12.26 Increased By ▲ 0.52 (4.43%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.51 Increased By ▲ 0.76 (5.53%)
KEL 5.19 Decreased By ▼ -0.12 (-2.26%)
KOSM 7.61 Decreased By ▼ -0.11 (-1.42%)
MLCF 38.90 Increased By ▲ 0.30 (0.78%)
NBP 64.01 Increased By ▲ 0.50 (0.79%)
OGDC 192.82 Decreased By ▼ -1.87 (-0.96%)
PAEL 25.68 Decreased By ▼ -0.03 (-0.12%)
PIBTL 7.34 Decreased By ▼ -0.05 (-0.68%)
PPL 154.07 Decreased By ▼ -1.38 (-0.89%)
PRL 25.83 Increased By ▲ 0.04 (0.16%)
PTC 17.81 Increased By ▲ 0.31 (1.77%)
SEARL 82.30 Increased By ▲ 3.65 (4.64%)
TELE 7.76 Decreased By ▼ -0.10 (-1.27%)
TOMCL 33.46 Decreased By ▼ -0.27 (-0.8%)
TPLP 8.49 Increased By ▲ 0.09 (1.07%)
TREET 16.62 Increased By ▲ 0.35 (2.15%)
TRG 57.40 Decreased By ▼ -0.82 (-1.41%)
UNITY 27.51 Increased By ▲ 0.02 (0.07%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,504 No Change 0 (0%)
BR30 31,226 No Change 0 (0%)
KSE100 98,080 No Change 0 (0%)
KSE30 30,559 No Change 0 (0%)

NASA will pay more than $1 billion over the next 21 months to three companies to develop commercial spaceships capable of flying astronauts to the International Space Station, the agency said Friday. The lion's share of the $1.1 billion allotted for the next phase of NASA's so-called "Commercial Crew" program will be split between Boeing and Space Exploration Technologies, a privately held firm run by Internet entrepreneur Elon Musk.
Boeing will receive $460 million to continue developing its CST-100 capsule, which is intended to fly aboard a United Launch Alliance Atlas 5 rocket. ULA is a partnership of Boeing and Lockheed Martin. Space Exploration Technologies, or SpaceX, was awarded $440 million to upgrade its Dragon cargo capsule, which flies on the firm's Falcon 9 rocket, to carry people.
In May, a Dragon capsule became the first privately owned spacecraft to reach the station, a $100 billion outpost that flies 240 miles (386 kilometres) above Earth. The test flight was part of a related NASA program to hire commercial companies to fly cargo to the station.
Privately held Sierra Nevada Corp received a partial award of $212.5 million for work on its Dream Chaser, a winged vehicle that resembles a miniature space shuttle which also launches on an Atlas 5 rocket. All three firms are prior recipients of NASA space taxi development work. The new awards will more than triple NASA's investments in commercial crew programs, which so far total $365 million. Unlike previous NASA development programs, costs are shared between the government and its selected partners.
"The companies also are bringing money to the table. This is a way of allowing the United States to lead in the development of new space systems that are human-capability and then taking those systems for commercial purposes, as well as for NASA purposes in the future," program manager Ed Mango said.
Since the space shuttles were retired last year, NASA is dependent on partners Russia, Europe and Japan to reach the station. Russia will remain the sole entity capable of flying crew until US companies develop systems, which NASA hopes will be within five years. Shut out of the competition was Alliant Techsystems which hoped to parlay an ongoing unfunded NASA partnership agreement into a paying contract.
Amazon.com founder Jeff Bezos's start-up Blue Origin, which won $25.7 million during two predecessor programs, did not bid for the integrated design contracts awarded Friday. Three other firms - Space Operations, American Aerospace and Space Design - submitted proposals but were eliminated for not meeting requirements, NASA's associate administrator for space operations Bill Gerstenmaier said during a conference call with reporters.

Copyright Reuters, 2012

Comments

Comments are closed.