This significant regulatory milestone means that AST has committed itself either to issue a launch license to XCOR within 180 days or notify Congress that it failed to do so.

"We still have work to do, but this a major step toward being issued a launch license," said XCOR's Randall Clague. "It shows that the process AST has put in place is achievable even for a small company like ours."

XCOR Aerospace has submitted a launch license application for an intermediate technology demonstration vehicle. The launch licensing process includes a safety evaluation, a policy review to ensure the proposed launch does not violate international treaties or jeopardize U.S. national security or foreign policy interests, an environmental review, a financial responsibility determination, and a payload review.

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 engines and rocket powered vehicles.

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