Monday, May 23, 2005

Falcon 1 Being Prepared For August Launch

SpaceX is planning an August date for the initial launch of its Falcon 1 rocket. Slated to lift-off from Vandenberg Air Force Base carrying TacSat-1, built by the U.S. Naval Research Laboratory.

It also sounds like Pay-Pal Founder Elon Musk has bigger plans for his venture, "We’ll be announcing something fairly significant later this year as far as much more capability than is currently represented. But we’d like to have one launch before making any big announcement in that direction. But you can expect that…expect that from a strategy standpoint. Call it the 7/11 strategy. We’re going small, medium, large and extra-large, or big gulp, or whatever it is."