Read more on this subject: Darpa
News Story Source: https://www.nextbigfuture.com by Brian Wang
1. Vector Launch
2. Virgin Orbit, which entered the competition via its wholly owned subsidiary, VOX Space; and
3. an anonymous third company.
DARPA awarded a $400,000 prize to each competitor that completed the qualification phase, which included submission and acceptance of an FAA commercial launch license application. Teams will receive a $2M prize for successfully delivering payloads to orbit in the first launch. For a successful second launch, prizes of $10 million, $9 million, and $8 million are available for the top three teams respectively, ranked by factors including mass, time to orbit, and orbit accuracy.
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