XCOR engages in research, development, and production of reusable rocket-powered, horizontal launch vehicles for suborbital, and ultimately, orbital travel.

XCOR is a leader in the development of reliable, low-cost rocket engines. Since inception, the company has developed a series of proprietary engines, and has built, tested and flown the United States' first privately built liquid-fueled rocket-powered aircraft. XCOR’s achievements to date have been funded with investment capital from angel investors, and from revenue generated from government and commercial contracts and consulting services. As of January 2007, our team has accumulated 2,628 starts and 316 minutes of run time on our engines, developed low cost pumps from concept through operation, and flown a piloted rocket operations demonstrator aircraft safely 26 times, including demonstrating its reusable engines through intact abort, multiple flights per day, and in-flight restarts.

We are actively engaged in emerging the commercial space industry. We are only the second organization to receive a Reusable Launch Vehicle mission license from the FAA's Office of Commercial Space Transportation (AST), and continue to engage in regulatory review with the FAA. We worked with industry to pass the 2004 Commercial Spaceflight Amendments Act, which provides for a moratorium on safety regulations, offers indemnification, and clarifies regulatory authority for passenger spaceflight.

Building on the EZ-Rocket’s success, XCOR Aerospace plans to proceed towards a phased development of its next generation vehicle, the suborbital RLV named Xerus, which will take a passenger and a pilot to over 60 miles, or “astronaut wings” altitude. XCOR has an agreement to sell rides on the vehicle with Space Adventures, an adventure tourism company that has taken over 100 deposits for suborbital flights priced at $98,000.