Thursday, April 26, 2007

UPDATE 3-SpaceX gets Cape Canaveral launch pad

(Reuters) - WASHINGTON, April 26 - Space Exploration Technologies Corp., a start-up seeking to slash the cost of coursing through the cosmos, has been granted a five-year license to launch rockets from Cape Canaveral Air Force Station in Florida, the U.S. Air Force said on Thursday.

The approval will help privately held SpaceX, as the company is known, compete with Orbital Sciences Corp. , which develops small space systems, and later with the bigger rockets of Europe's Arianespace and the United Launch Alliance.


Read more at Reuters.com Government Filings News

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