1 00:00:04,150 --> 00:00:01,990 earlier today one of our commercial 2 00:00:05,990 --> 00:00:04,160 partners spacex completed the first 3 00:00:08,150 --> 00:00:06,000 successful demonstration flight under 4 00:00:10,790 --> 00:00:08,160 nasa's commercial orbital transportation 5 00:00:12,870 --> 00:00:10,800 services or cots program 6 00:00:15,110 --> 00:00:12,880 while rocket launches from the cape are 7 00:00:16,870 --> 00:00:15,120 considered a common occurrence to some 8 00:00:19,990 --> 00:00:16,880 the historic significance of today's 9 00:00:22,550 --> 00:00:20,000 achievement by spacex should not be lost 10 00:00:24,150 --> 00:00:22,560 just the launch is difficult enough but 11 00:00:26,390 --> 00:00:24,160 successful launch 12 00:00:28,710 --> 00:00:26,400 orbit and intact re-entry have been 13 00:00:29,750 --> 00:00:28,720 accomplished by only a few nations to 14 00:00:31,990 --> 00:00:29,760 date 15 00:00:34,549 --> 00:00:32,000 the spacex mission today is the first 16 00:00:36,709 --> 00:00:34,559 time an entrepreneurial enterprise has 17 00:00:38,229 --> 00:00:36,719 joined this very elite company of space 18 00:00:40,389 --> 00:00:38,239 faring entities 19 00:00:42,470 --> 00:00:40,399 this is the first in a new generation of 20 00:00:44,549 --> 00:00:42,480 commercial launch systems and the 21 00:00:46,790 --> 00:00:44,559 successful demonstration flight is an 22 00:00:49,110 --> 00:00:46,800 important milestone in meeting the 23 00:00:50,389 --> 00:00:49,120 objectives outlined by the president and 24 00:00:52,869 --> 00:00:50,399 congress 25 00:00:55,110 --> 00:00:52,879 it once again shows how government and 26 00:00:57,670 --> 00:00:55,120 industry can leverage expertise and 27 00:00:59,270 --> 00:00:57,680 resources to foster a new and vibrant 28 00:01:00,869 --> 00:00:59,280 space economy 29 00:01:02,950 --> 00:01:00,879 over the past month 30 00:01:05,429 --> 00:01:02,960 we've seen the runway inauguration at 31 00:01:07,590 --> 00:01:05,439 spaceport america in new mexico the 32 00:01:09,990 --> 00:01:07,600 opening of orbital sciences mission 33 00:01:12,390 --> 00:01:10,000 control center in dulles virginia and 34 00:01:15,510 --> 00:01:12,400 the first ever license for commercial 35 00:01:17,030 --> 00:01:15,520 spacecraft reentry granted by the faa to 36 00:01:19,190 --> 00:01:17,040 spacex 37 00:01:21,990 --> 00:01:19,200 commercial space is fast becoming a 38 00:01:24,149 --> 00:01:22,000 reality and the capabilities nasa itself 39 00:01:27,270 --> 00:01:24,159 is starting to develop will help reshape 40 00:01:29,510 --> 00:01:27,280 our perspectives on what is possible 41 00:01:31,190 --> 00:01:29,520 these new explorers are to space flight 42 00:01:32,390 --> 00:01:31,200 what lindbergh was to commercial 43 00:01:34,630 --> 00:01:32,400 aviation 44 00:01:37,270 --> 00:01:34,640 we're witnessing the dawn of a new era 45 00:01:40,230 --> 00:01:37,280 whose ultimate result could be routine 46 00:01:42,710 --> 00:01:40,240 safe access to space with industry 47 00:01:44,950 --> 00:01:42,720 academia other agencies and other 48 00:01:47,429 --> 00:01:44,960 governments regularly sending payloads 49 00:01:49,910 --> 00:01:47,439 to and people to low earth orbit 50 00:01:51,749 --> 00:01:49,920 that after all is the goal 51 00:01:54,389 --> 00:01:51,759 much remains to be done in order to get