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:
“Poetry is not an expression of the party line. It’s that time of night, lying in bed, thinking what you really think, making the private world public, that’s what the poet does.”
—Allen Ginsberg (b. 1926)
Related Phrases
Related Words