Space vehicle designed to be use repeatedly and reusability.
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SpaceX also wants to develop a reusable launch vehicle that could land at the original pad.
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Apogee is testing a new reusable launch vehicle.
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The only reusable launch vehicle in U.S. service today is the Air Force's secretive X-37B Orbital Test Vehicle.
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The company also has a $3 million contract from NASA to evaluate technologies for a second-generation reusable launch vehicle.
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It is the space company's planned next-generation fully reusable launch vehicle, the center of Musk's ambitions to make human space travel affordable.
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The US will operate the first fleet of fully reusable launch vehicles.
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Russia also intends to participate in the hitherto dormant European RLV ( Reusable Launch Vehicle) project.
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Bob Truax and Bud Meyer, the real-life rocket boys of Truax Engineering, for the inside scoop on reusable launch vehicles.
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