Founded in 1982 with the goal of making space technology more affordable, Orbital Sciences Corporation (OSC) still remains a successful company. Claiming to be the industry leader in the development and production of small space and rocket systems, OSC produces various satellites, rockets, and other small and affordable space technologies. The Pegasus Rocket, a joint venture, was the first privately developed space launch vehicle. In 1991, the four men who invented, developed, and produced this rocket (one of which was the founder and CEO of OSC, David W. Thompson) were awarded the National Medal of Technology. Currently OSC has conducted more than 500 space missions, and continues to provide more economically practical space technology solutions.