A remodeled version of the SpaceX Falcon 9 rocket lifts off at the Cape Canaveral Air Force Station on the launcherís first mission since a June failure in Cape Canaveral, Florida, December 21, 2015.
Joe Skipper—Reuters
By Denver Nicks
February 24, 2016

The Elon Musk-owned rocket company SpaceX has been awarded a contract for five new cargo supply missions from NASA worth an estimated $700 billion, Space News reported Wednesday.

The new contract brings the total number of missions to supply the international space station SpaceX has been contracted to complete to 20 since the first agreement was signed in 2008. The contract was actually signed just before Christmas 2005 but was not revealed at the time, Space News reports.

The other company doing “Commercial Resupply Services (CRS)” along with SpaceX, Orbital ATK, which also signed an original agreement with NASA in 208, has been awarded 10 contracts for 10 CRS launches. According to Space News, the awarding in December of new contracts to SpaceX may indicate that Orbita’ls “Cygnus” delivery system ma be “falling out of favor with the agency as it assesses space station requirements in the coming years.”

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