A teeny-tiny space shuttle crew delivery vehicle looks like it may be in the works from the Sierra Nevada group. It seems we now have a race between this organization and Space X. The Space X Dragon ship is more ambitious than the SN Dream Chaser, with ambitions to extend their flight far beyond low earth orbit. Who will be first? Will either private company succeed? Only time will tell.
For more information on the Dream Chaser, see the Universe Today article, http://www.universetoday.com/89838/sierra-nevadas-dream-chaser-to-conduct-drop-test-next-summer/
For a little history about where the Dream Chaser design came from, see this short NASA video: http://www.youtube.com/watch?v=dhAYlWdEC64 It seems some old ideas from NASA are getting new life via these private firms. Bigelo is using an old NASA idea for inflatable space stations to create their inflatable space hotel. Do you suppose the Dream Chaser will ferry hotel guests up to their inflated suites in space?