Scaled Composites Tier One
Tier One is Scaled Composites' program of suborbital human spaceflight using the reusable spacecraft SpaceShipOne and its launcher White Knight. The craft was designed by Burt Rutan, and the project is funded 20 million US Dollars by Paul Allen. In 2004 it made the first privately funded human spaceflight and won the 10 million US Dollars Ansari X Prize for the first non-governmental reusable manned spacecraft.
The objective of the project is to develop technology for low-cost routine access to space. Tier One is not itself intended to carry paying passengers, but it is envisioned that there will be commercial spinoffs, initially in space tourism. The company Mojave Aerospace Ventures was formed to manage commercial exploitation of the technology. A deal with Virgin Galactic could see routine space tourism, using a spacecraft based on Tier One technology.
Read more about Scaled Composites Tier One: Design, History and Status, Funding, Publicity, Future, Commercial Aspects