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Meet The Unknown Immigrant Billionaire Betting Her Fortune To Take On Musk In Space

By Lauren Gensler -Forbes - Even in the bloated-budget world of aerospace, $650 million is a lot of money. It's approximately the price of six of Boeing's workhorse 737s or, for the more militarily inclined, about the cost of seven F-35 stealth fighter jets. It's also the amount of money NASA and the Sierra Nevada Corp. spent developing the Dream Chaser, a reusable spacecraft designed to take astronauts into orbit. Sierra Nevada, which is based in Sparks, Nevada, and 100% owned by Eren Ozmen and her husband, Fatih, put in $300 million; NASA ponied up the other $350 million. The Dream Chaser's first free flight was in October 2013 when it was dropped 12,500 feet from a helicopter. The landing gear malfunctioned, and the vehicle skidded off the runway upon landing. A year later, NASA passed on Sierra Nevada's space plane and awarded the multibillion-dollar contracts to Boeing and SpaceX.

US Approves King Air 350 ISR Aircraft for Kuwait

United States has approved a possible Foreign Military Sale of King Air 350ER Intelligence, Surveillance, and Reconnaissance (ISR) aircraft to Kuwait for an estimated cost of $259 million. The acquisition of four Beechcraft King Air 350ER ISR aircraft will enable Kuwait to establish its first dedicated airborne ISR fleet. The medium-to low-altitude, twin-engine turboprop aircraft have primary mission to provide ISR support directly to ground forces.  Sierra Nevada Corporation (SNC) will modify and integrate the ISR mission systems and sensors known as the Mission Enhancement Kit.

Sierra Nevada Corporation CEO Calls for Advancement of U.S. Leadership in Space Economy

CHANTILLY, Va. (Oct. 5, 2017) — Invited to address the newly formed National Space Council, Sierra Nevada Corporation (SNC) CEO Fatih Ozmen today told members that the United States has economic and national security interests in promoting U.S. leadership in space through investments, managing risk, and expanding opportunity in a new space economy. The first meeting of the National Space Council took place at the Smithsonian Air and Space Museum’s Steven F. Udvar-Hazy Center in Chantilly, Virginia. SNC's Ozmen was joined by executives from two other leading private space companies, Elon Musk's SpaceX and Jeff Bezos' Blue Origin, on a panel dedicated to space innovation.

United Launch Alliance Signs Contract with Sierra Nevada Corporation to Launch Dream Chaser® Spacecraft to Deliver Cargo to International Space Station

CENTENNIAL, Colo., July 19, 2017 /PRNewswire/ -- Sierra Nevada Corporation (SNC) announced that it selected United Launch Alliance's (ULA's) commercially developed Atlas V rocket to launch the first two missions of its Dream Chaser cargo system in support of NASA's Cargo Resupply Services 2 (CRS2) contract. "ULA is pleased to partner with Sierra Nevada Corporation to launch its Dream Chaser cargo system to the International Space Station in less than three years," said Gary Wentz, ULA vice president of Human and Commercial Systems. "We recognize the importance of on time and reliable transportation of crew and cargo to Station and are honored the Atlas V was selected to continue to launch cargo resupply missions for NASA."

Eren Ozmen and Daron Acemoglu Honored by the Carnegie Corporation of New York

Turkish American businesswoman Eren Ozmen and Academician Prof Daron Acemoglu honored by the Carnegie Corporation of New York. The Corporation, established by Scottish immigrant Andrew Carnegie, thanks naturalized citizens who make America strong. Carnegie Corporation of New York, its board of trustees and staff, invite Americans to celebrate naturalized U.S. citizens with its annual Great Immigrants tribute. The philanthropic foundation today announced the 38 individuals who will be honored on the Fourth of July when the Corporation salutes the invaluable role that immigrants play in helping to advance our society, culture, and economy. Each year since 2006, the Corporation has recognized the contributions of naturalized citizens, and for 2017, the honorees represent more than 30 different countries of origin, a wide range of personal immigration stories, and a high level of professional leadership in numerous fields.

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