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Orbiting Carbon Observatory-2 (OCO-2)
Mission Overview
The OCO-2 Project primary science objective is to collect the first space-based measurements of atmospheric carbon dioxide with the precision, resolution and coverage needed to characterize its sources and sinks and quantify their variability over the seasonal cycle. During its two-year mission, OCO-2 will fly in a sun-synchronous, near-polar orbit with a group of Earth-orbiting satellites with synergistic science objectives whose ascending node crosses the equator near 13:30 hours Mean Local Time (MLT). Near-global coverage of the sunlit portion of Earth is provided in this orbit over a 16-day (233-revolution) repeat cycle. OCO-2’s single instrument incorporates three high-resolution grating spectrometers, designed to measure the near-infrared absorption of reflected sunlight by carbon dioxide and molecular oxygen.
Note: Mission information is from NASA's Space Science Data Coordinated Archive.
Spending Summary
| FY 2024 Total | By Jul of FY 2024 | By Jul of FY 2025 | Change from FY 2024 | |
|---|---|---|---|---|
| Obligations | $8.5M | $8.6M | $9.1M | +$0.5M |
| Outlays | $9.0M | $4.0M | $3.0M | +$0.0M |
Comparing Contract Obligations
Running sum of 2 awards. Shows cumulative actual spending by fiscal period. Period 2 represents combined Oct-Nov data (this is a reporting quirk of USASpending.gov). Negative values indicate adjustments or credits. Data last updated: 2025-09-18
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What are obligations? Obligations represent NASA's legal commitments to spend money — contracts signed, grants awarded, and purchase orders issued. Unlike outlays (actual payments), obligations show when spending decisions are made.
Reading this chart: The chart displays cumulative obligations throughout the fiscal year (October through September). The solid line shows the current fiscal year's running total, while the dotted line (when available) shows the previous year for comparison. This allows you to see spending patterns and track whether funding is ahead or behind the prior year's pace.
Comparing Contract Outlays
Running sum of 2 awards. Shows cumulative actual spending by fiscal period. Period 2 represents combined Oct-Nov data (this is a reporting quirk of USASpending.gov). Negative values indicate adjustments or credits. Data last updated: 2025-09-18
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What are outlays? Outlays represent actual cash payments made by NASA. While obligations show when spending decisions are made, outlays show when money actually leaves the treasury.
Reading this chart: The chart displays cumulative outlays throughout the fiscal year (October through September). The solid line shows the current fiscal year's actual spending, while the dotted line (when available) shows the previous year for comparison. This reveals the actual cash flow timing and whether spending is keeping pace with the prior year.