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Satnews Daily
August 20th, 2013

Sierra Nevada Corporation & NASA—Two New Milestones For Dream Chaser (Business)


[SatNews] Last week, NASA announced that it has added additional milestones to Sierra Nevada Corporation’s (SNC) Dream Chaser® Space Act Agreement (SAA) under the Commercial Crew Integrated Capability (CCiCap) initiative.

NASA amended SNC’s SAA to include two additional milestones totaling $15 million, bringing the value of SNC’s CCiCap SAA to $227.5 million.


Dream Chaser image is courtesy of Sierra Nevada Corporation.
The two optional milestones will extend the SNC CCiCap period of performance from May 2014 to August 2014, advancing the design and testing of the Dream Chaser Space System. Specifically, the optional milestones will fund work associated with the Critical Design Review (CDR) for the vehicle and additional testing of the reaction control system.

SNC is one of three companies funded under the CCiCap initiative to develop a next generation crew transportation vehicle and the only reusable, lifting body vehicle with runway landing capability. The Dream Chaser space vehicle is on the forefront of the commercial human spaceflight industry, offering safe, reliable, and cost effective crew and critical cargo transportation to low-Earth orbit.