It is considered by Boeing as an affordable way to send astronauts to space.
The CST-100 capsule uses existing components and architecture from previous capsule designs, such as from Apollo.
However, it also incorporates new technologies.
It is larger than the Apollo capsule, but smaller than the earlier proposed Orion capsule, as part of the official NASA Constellation program.
However, Boeing is not alone is trying to develop a new capsule for NASA under its Commercial Crew Development (CCDev) program.
Other competitors include Blue Origin, Paragon Space Development Corp., Sierra Nevada Corp., United Launch Alliance, and, possibly, even Virgin Galactic and SpaceX.
Page two concludes with a video of the Boeing CST-100.
Also, check out the image of the CST-100 at the following Boeing website.
The Boeing article states, 'Boeing is maturing the design of its CST-100 spacecraft under an $18 million Commercial Crew Development (CCDev) Space Act Agreement with NASA. The CST-100 can carry a crew of seven and is designed to support the International Space Station and the Bigelow Aerospace Orbital Space Complex.'