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Commercialization

No Cost Space Act Agreements Signed

By Keith Cowing
NASA Watch
February 1, 2007

Commercial Space Transportation Capabilities Agreements Signed

“On Wednesday, NASA agreed to cooperate with PlanetSpace Inc. of Chicago and Transformational Space Corp. (t/Space) of Reston, Va., to facilitate the commercialization of low-Earth orbit as they develop capabilities to transport goods and people to orbital destinations. The non-reimbursable Space Act agreements signed by NASA and the two companies involve no agency funding to the companies. The pacts establish milestones and objective criteria by which the companies can gauge their own progress, as part of the agency’s Commercial Crew and Cargo Program.”

NASA Watch founder, Explorers Club Fellow, ex-NASA, Away Teams, Journalist, Space & Astrobiology, Lapsed climber.