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Boeing, SpaceX, Sierra Nevada Corporation to share $1.1 billion from NASA (+video)

Under a new deal, NASA will be paying a trio of companies over the next 21 months to develop spacecraft capable of flying US astronauts to the International Space Station.

SpaceX Dragon capsule, the first commercially owned and operated cargo craft, splashed down safely into the Pacific on Thursday.
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NASA will pay more than $1billion 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 billionoutpost that flies 240 miles (386 kilometres) above Earth. The test flight was part of a related NASAprogram 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.


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