The Sierra Nevada Corporation recently announced that its spaceplane, the Dream Chaser, will be sent into orbit by the Vulcan Centaur rocket. The rocket that will launch the Dream Chaser was created by the United Launch Alliance and the two companies will collaborate to complete the space mission. The Dream Chaser has been in the works since 2004 and the spacecraft is smaller than most others -- said to resemble a small shuttle.
The Sierra Nevada Corporation is yet to have an inaugural launch for its Dream Chaser. However, the spacecraft is scheduled to move cargo for the International space station, beginning in 2021 and ending in 2024. The company was one of the three organizations that NASA requested to move cargo to and from the space station.
Space Mission Partnerships
The Sierra Nevada Corporation Announced ULA Will Carry Its Dream Chaser
Trend Themes
1. Space Mission Partnerships - Collaborations between space agencies and private companies to complete space missions are disrupting the traditional space industry.
2. Small Spacecraft Development - The development of smaller spacecrafts like the Dream Chaser is presenting disruptive innovation opportunities in the field of space exploration.
3. Commercial Space Transportation - The partnership between the Sierra Nevada Corporation and United Launch Alliance highlights the growing trend of commercial space transportation services.
Industry Implications
1. Space Exploration - The collaboration between the Sierra Nevada Corporation and United Launch Alliance in sending the Dream Chaser into orbit presents new opportunities in the space exploration industry.
2. Aerospace Manufacturing - The production of smaller spacecrafts like the Dream Chaser by the Sierra Nevada Corporation signals potential disruption in the aerospace manufacturing sector.
3. Logistics and Supply Chain - The partnership between the Sierra Nevada Corporation and NASA to transport cargo to and from the International Space Station suggests emerging opportunities for logistics and supply chain companies in the space industry.