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XCOR Aerospace
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Press Release
XCOR CEO Jeff Greason to Testify Before
Presidential Commission on Moon, Mars and Beyond

Testimony to Highlight Role of Entrepreneurs in Affordable and Sustainable Access to Space

Update:
FULL TESTIMONY HERE WITH MULTIMEDIA

Related outside link:  http://www.moontomars.org/news/news.asp

related news coverage:
Entrepreneurs say NASA needs private-sector aid
Todd Halvorson, Florida Today, 25 March 2004

Space Should be in Reach of Everyday People
Associated Press via AccessNorthGA, 24 March 2004

March 24, 2004, Atlanta, GA:  Jeff Greason, President and CEO of XCOR Aerospace will testify at a public hearing before the President's Commission on Implementation of U.S. Space Exploration Policy (Moon, Mars and Beyond)in Atlanta at the Georgia Institute of Technology today. The Commission, also known as the Aldridge Commission, is made of business, aerospace and planetary science leaders. The Commission is charged with building consensus, providing recommendations to the President regarding moon research activities, increasing young people's interest in space science, and bringing in industry and other countries as space partners.

XCOR CEO Jeff Greason in front of the EZ-Rocket, XCOR's flying rocket powered test bed.

Sherwood Boehlert (R-NY), Chairman of the House Science Committee, said on March 4th: "This is about a lot more than 'joy rides' in space, although there's nothing wrong with such an enterprise. This is about the future of the U.S. aerospace industry. As in most areas of American enterprise, the greatest innovations in aerospace are most likely to come from small entrepreneurs. This is true whether we're talking about launching humans or cargo.” Mr.Greason’s testimony will echo the Chairman’s statements

Mr. Greason will testify about the role entrepreneurial space companies can play in advancing President Bush’s space exploration initiative by developing affordable and sustainable access to space. Testimony highlights include:

“I am here today because I have seen signs of hope. There is an awareness that we cannot succeed by re-creating Apollo. When President Kennedy set America on a course for the Moon, America had launched one human being on a fifteen-minute suborbital flight. It is very likely that before this year is out, one or more private companies will launch human beings on suborbital flights with private funding, as part of the X-Prize Foundation effort.”

“Like many emerging companies in the field XCOR currently does work for the Department of Defense, but not NASA. NASA can play a pivotal role in encouraging private, low-cost access to space. NASA can position itself to grow with the private sector very simply, by buying space transportation services available in the commercial market. That is a simple role with profound implications. I believe that NASA should use commercial providers as its sole means of transportation to Earth orbit.”

“If the exploration initiative founders, there will be no business to compete for. And if NASA continues business as usual, that is where we are headed. America can afford to dare and do great things, but we have to do it as exploration has been done throughout history; by working with what we have, by living off the land where possible, and by building expensive custom equipment only when nothing else can do the job. That is the true spirit of exploration and an endeavor XCOR would be proud to be part of.”

XCOR Aerospace is a California corporation located in Mojave, California. The company is in the business of developing and producing safe, reliable and reusable rocket-powered vehicles and propulsion systems that enable affordable access to space.

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