The document discusses the potential for reusable air-launch to lower the cost of space access by at least an order of magnitude compared to current expendable launch vehicles. It presents a conceptual design for a two-stage-to-orbit reusable launch vehicle that could be air-launched from a modified commercial aircraft. Analysis of the human spaceflight market suggests it could be more substantial and price elastic than existing satellite launch markets, potentially justifying development costs of $1-2 billion for the reusable air-launch system.