SpaceX stands to receive up to $396 million under the COTS program. NASA says the company has been paid $376 million for completing 36 out of 40 milestones to date.
After completing the upcoming demonstration flight, SpaceX will begin flying a dozen operational resupply missions to the space station under a separate deal worth $1.6 billion.
The other company NASA has been funding is Orbital Sciences Corp. and its Cygnus spacecraft to be launched aboard Taurus 2 rockets from Wallops Island, Virginia. The company hopes to test-fly its new rocket in early 2012, followed by a single COTS demonstration mission to the station later in the spring.
If you liked this article, please give it a quick review on ycombinator or StumbleUpon. Thanks