SpaceX CEO Elon Musk to Unveil Manned Dragon ‘Space Taxi’ on May 29

SpaceX Dragon cargo freighter berthed to the International Space Station during recently concluded SpaceX-3 mission in May 2014. 

An upgraded, manrated version will carry US astronauts to space in the next two to three years. 

Credit: NASA

SpaceX CEO, founder and chief designer Elon Musk is set to unveil the manned version of his firms commercial Dragon spaceship later this week, setting in motion an effort that he hopes will soon restore America's capability to launch US astronauts to low Earth orbit and the International Space Station (ISS) by 2017.

Musk will personally introduce SpaceX's 'Space Taxi' dubbed 'Dragon V2' at what amounts to sort of a world premiere event on May 29 at the company's headquarters in Hawthorne, CA, according to an official announcement this evening (May 27) from SpaceX.

"SpaceX's new Dragon V2 spacecraft is a next generation spacecraft designed to carry astronauts into space," according to the SpaceX statement.

The manned Dragon will launch atop the powerful SpaceX Falcon 9 v1.1 rocket from a SpaceX pad on the Florida Space Coast.

Dragon was initially developed as a commercial unmanned resupply freighter to deliver 20,000 kg (44,000 pounds) of supplies and science experiments to the ISS under a $1.6 Billion Commercial Resupply Services (CRS) contract with NASA during a dozen Dragon cargo spacecraft flights through 2016.

Musk is making good on a recent comment he posted to twitter on April 29, with respect to the continuing fallout from the deadly crisis in Ukraine which has resulted in some US economic sanctions imposed against Russia, that now potentially threaten US access to the ISS in a boomerang action from the Russian government:

"Sounds like this might be a good time to unveil the new Dragon Mk 2 spaceship that @SpaceX has been working on with @NASA."

"No trampoline needed," Musk tweeted. The 'Dragon V2' is an upgraded, man rated version of the unmanned spaceship that can carry a mix of cargo and up to a seven crewmembers to the ISS.

Dragon is among a trio of US private sector manned spaceships being developed with seed money from NASA's Commercial Crew Program in a public/private partnership to develop a next-generation crew transportation vehicle to ferry astronauts to and from the ISS by 2017, a capability totally lost following the space shuttle's forced retirement in 2011.

NASA astronauts and industry experts check out the crew accommodations in the Dragon spacecraft under development by SpaceX. 

The evaluation in Hawthorne, Calif., on Jan. 30, 2012, was part of SpaceX’s Commercial Crew Development Round 2 agreement with NASA’s Commercial Crew Program. 

Credit: NASA

Since that day, US astronauts have been totally dependent on the Russian Soyuz capsules for ferry rides to orbit and back.

The Boeing CST-100 and Sierra Nevada Dream Chaser 'space taxis' are also vying for funding in the next round of contracts to be awarded by NASA around late summer 2014.

All three company's have been making excellent progress in meeting their NASA mandated milestones in the current contract period known as Commercial Crew Integrated Capability initiative (CCiCAP) under the auspices of NASA's Commercial Crew Program.