00:00Let's take a look at the progress over the last three years.
00:03And yes, there is progress, even if it feels like sprinting through molasses.
00:09In May 2023, Sierra Space pushed the crude variant of the Dream Chaser
00:14through the System Requirements Review, a milestone showing that the foundation
00:19for crude flights is in place. But then, the shift in focus.
00:24In June 2023, Sierra Space entered into a Space Act Agreement with NASA
00:31to share data on space station architecture. A hint that they are not just tied to Dream Chasers,
00:38but are building a much larger ecosystem, much like Blue Origin.
00:42In September of that same year came the massive Series B funding round,
00:47290 million dollars, raising the valuation to 5.3 billion dollars.
00:53Money that didn't just flow into the space plane, but also into other projects.
00:582024 got more exciting.
01:01In May, the first Dream Chaser, Tenacity, arrived at the Kennedy Space Center.