Dream Chaser is an American reusable lifting-body spaceplane developed by Sierra Space. Originally intended as a crewed vehicle, the Dream Chaser Space System is set to be produced after the Dream Chaser Cargo System cargo variant is operational. The crewed variant is planned to carry up to seven people and cargo to and from low Earth orbit.

A reusable launch vehicle has parts that can be recovered and reflown, while carrying payloads from the surface to outer space. Rocket stages are the most common launch vehicle parts aimed for reuse. Smaller parts such as rocket engines and boosters can also be reused, though reusable spacecraft may be launched on top of an expendable launch vehicle. Reusable launch vehicles do not need to make these parts for each launch, therefore reducing its launch cost significantly. However, these benefits are diminished by the cost of recovery and refurbishment.