NASA announced on Monday that it will exercise options to purchase two additional flights on Boeing's Starliner spacecraft, as well as financially support the company in its efforts to return the crewed vehicle to flight and find a new rocket after the Atlas V vehicle retires.

The space agency's announcement confirms reporting by Ars Technica earlier this month on NASA's plans to maintain access to low-Earth orbit after the impending retirement of SpaceX's Crew Dragon vehicle.

"I do not think it's a secret that SpaceX intends to sunset older platforms like Falcon and Dragon as they concentrate on their next-generation capability, Starship," NASA Administrator Jared Isaacman said during a news conference on Monday afternoon.

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