xperimental Spaceplane (XS-1) program, which aims to make launching satellites a daily occurrence.

"I can tell you officially now that we have been funded by the [Obama] Administration for the next phase of XS-1," DARPA's Jess Sponable told applauding attendees at the Space Access '16 Conference in Phoenix last week. "What I can tell you right now is that we have $146 million."

DARPA launched the XS-1 program in 2014 with the goal of developing a reusable launch system capable of flying 10 times in 10 days with aircraftlike operability, at a cost of no more than $5 million per flight.