Falcon 1 - Private Funding

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:

    “The issue is privacy. Why is the decision by a woman to sleep with a man she has just met in a bar a private one, and the decision to sleep with the same man for $100 subject to criminal penalties?”
    —Anna Quindlen (b. 1952)