The Millennium Falcon Spacecraft is designed by Joe Johnston for the movie Star Wars. In the 'Star Wars' universe, the Millennium Falcon is heralded as the coolest ship around. The Millennium Falcon's signature speed comes from its hyperdrive, a propulsion system that pushes the vessel to light speed. The hyperdrive functions by using 'hypermatter particles' to send the craft into hyperspace, an alternative dimension reached by traveling at or beyond the speed of light.