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.

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Famous quotes containing the word private:

    “Always get rid of theory private object in this way: assume that it constantly changes, but that you do not notice the change because your memory constantly deceives you.”
    —Ludwig Wittgenstein (1889–1951)