Private Funding
The Falcon 1 rocket was developed with private funding. The only other orbital launch vehicle to be privately funded and developed is the Pegasus, first launched in 1990; however, it requires a large aircraft as its first stage.
While the development of Falcon 1 was privately funded, the first two Falcon 1 launches were purchased by the United States Department of Defense under a program that evaluates new US launch vehicles suitable for use by DARPA.
Read more about this topic: Falcon 1
Famous quotes containing the word private:
“It has often been a solid Grief to me, when I have reflected on this glorious Nation, which is the Scene of publick Happiness and Liberty, that there are still Crowds of private Tyrants, against whom there neither is any Law now in Being, nor can there be invented any by the Wit of Man. These cruel Men are ill-natured husbands.”
—Richard Steele (1672–1729)