Posted: Fri, Apr 27, 2007, 8:14 AM ET (1214 GMT)
The US Air Force announced Thursday that it will allow entrepreneurial launch company SpaceX to use an existing Cape launch site for its Falcon family of launch vehicles. The Air Force Space Command gave SpaceX a five-year license to use Space Launch Complex 40, a pad previously used for Titan 4 launches prior to the vehicle's retirement two years ago. SpaceX will be required to pay for all improvements for the deactivated site. The company plans to use the site for its Falcon vehicles, in particular its Falcon 9 vehicle under development that SpaceX plans to use to launch cargo and crew missions to the International Space Station.

Related Links:

•  Reuters article
•  Flightglobal.com article
•  Space News article (subscription required)
•  AP article
•  US Air Force press release