[Techtaffy Newsdesk]

The Dream Chaser Space System from Sierra Nevada Corporation (SNC) has been awarded a $212.5 million contract as part of NASA’s Commercial Crew Integrated Capability (CCiCap) Program. The 21 month contract will begin in August of 2012.

The full CCiCap Program will allow SNC to complete development of the Dream Chaser Space System and transport crews to space as early as 2016.

SNC is a privately held corporation and is also among the top women-owned federal contractors in the country.

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[Image Courtesy: SNC]