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http://www.parabolicarc.com/?p=49104: Sierra Nevada Completes Investment Financing Round a Month Early
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Direct link Sierra Nevada Completes Investment Financing Round a Month Early

26 Jun 2013, 15:11 UTC Sparks, Nev., – June 25, 2013 (SNC PR) – Sierra Nevada Corporation (SNC) has successfully completed another Dream Chaser® milestone under NASA’s Commercial Crew Integrated Capability (CCiCap) agreement. The CCiCap Investment Finance milestone represents SNC’s commitment to significantly invest its own dollars into the design, development and testing of the Dream Chaser Space System. The [...] Sierra Nevada Corporation’s Dream Chaser shuttle. (Credit: Sierra Nevada) Sparks, Nev., – June 25, 2013 (SNC PR) – Sierra Nevada Corporation (SNC) has successfully completed another Dream Chaser® milestone under NASA’s Commercial Crew Integrated Capability (CCiCap) agreement. The CCiCap Investment Finance milestone represents SNC’s commitment to significantly invest its own dollars into the design, development and testing of the Dream Chaser Space System. The milestone, which was originally scheduled to be complete in July, was completed in early June, a month ahead of schedule. [Editor's Note: SNC's Space Act Agreement with NASA indicates that this investment financing round totals $12.5 million, including an unspecified co-investment by the company. Please see the milestones table below.] SNC is committed to the successful development and deployment of the Dream Chaser Space System by investing company resources in support of NASA’s CCiCap program requirements. The additional funding supports ...

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