About Xcor Aerospace
Xcor Aerospace, founded in 1999, is a small, privately-held California C-Corporation with its headquarters and development facilities located at the Mojave Spaceport and Civilian Aerospace Test Center in Mojave, California.Xcor engages in research, development, and production of reusable rocket-powered, horizontal launch vehicles for suborbital, and ultimately, orbital travel. It classes itself as a leader in the development of reliable, low-cost rocket engines.
Since its inception, the company has developed a series of proprietary engines and has built, tested and flown the United States' first privately built liquid-fueled rocket-powered aircraft.
Xcor's achievements to date have been funded with investment capital from angel investors, and from revenue generated from government and commercial contracts and consulting services.
As of January 2007, its team had accumulated 2,628 starts and 316 minutes of run time on engines and developed low cost pumps from concept through operation.
Xcor claims to have flown a piloted rocket operations demonstrator aircraft safely 26 times, including demonstrating its reusable engines through intact abort, multiple flights per day, and in-flight restarts.
Xcor says it is actively engaged in the emerging commercial space industry and is only the second organization to receive a Reusable Launch Vehicle mission license from the FAA's Office of Commercial Space Transportation and continues to engage in regulatory review with the FAA. It says it worked with industry to pass the 2004 Commercial Spaceflight Amendments Act, which provides for a moratorium on safety regulations, offers indemnification, and clarifies regulatory authority for passenger spaceflight.
In March 2008 Xcor announced it was offering $US100,000 suborbital space flights, starting 2010.