SpaceX’s Falcon 9 rocket launched successfully today and achieved orbit after an abort earlier in the day. Following the cancellation of further development on NASA’s Constellation manned space vehicles, SpaceX received a sizeable investment from NASA to further develop their line of privately owned launchers.

The Falcon 9 is a two stage, liquid oxygen and rocket grade kerosene (RP-1) powered launch vehicle. It uses the same engines, structural architecture (with a wider diameter), avionics and launch system as the smaller Falcon 1.

SpaceX was established in 2002 by Elon Musk, the founder of PayPal and Zip2. There’s more about the company and its ambitions in this Popular Mechanics article.

NASA current thinking on manned spaceflight is laid out on their Commercial Crew & Cargo page.

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