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In the return of human space flight for the US, NASA awards both private aerospace companies a combined total of $6.8 billion.
According to the Wall Street Journal, the aerospace giant is likely to beat out SpaceX for the contract, said to be worth more than $3 billion.
One of the new spacecraft's advantages is its ability to be reused after a soft landing and its propellants are reloaded, SpaceX CEO Elon Musk says.
Expect some incremental improvements to new e-ink e-readers this holiday season, but superslim designs are probably a year or two away.
Three companies vying for NASA contracts to help develop commercial manned spacecraft say they're on track, budgets permitting, for initial test flights with company pilots in 2015-16.
Despite budget pressure, NASA says the winners of three contracts totaling $900 million are on track to develop commercial manned spacecraft to ferry astronauts to and from the space station.
Microsoft co-founder is teaming with legendary aircraft designer Burt Rutan on a new rocket that will be launched at 30,000 feet by a gargantuan carrier plane. Paul Allen has an eye on making access to space more cost-effective.
Boeing aims to build its CST-100 commercial manned spacecraft there, a first-of-its-kind deal that's contingent on additional NASA contracts.
Boeing will use United Launch Alliance Atlas 5 rockets for initial test flights of a proposed commercial manned capsule designed to ferry astronauts to the International Space Station in the post-shuttle era.
Wealthy space tourists and non-NASA researchers may one day fly to the International Space Station aboard Boeing's planned CST-100 capsule, being developed as a commercial venture.