A close look at SpaceX’s new domination in the commercial launch industry
Link here. This is a surprisingly accurate and detailed article outlining the present state of the worldwide launch industry and how SpaceX has come to dominate it. It includes a graph that illustrates what I noted in my own summary in January: SpaceX has served to rejuvenate the American rocket industry.
From the Pentagon to financial analysts, many are heralding SpaceX as responsible for bringing the rocket industry back to the United States. For decades, rockets built by United Launch Alliance flew U.S. Air Force and NASA missions on Russian engines or other systems bought overseas. “They’re an all U.S. launcher. For a long time our military and intelligence capability was not launched using all U.S. capability,” Carissa Christensen, CEO of consulting firm Bryce Space and Technology, told CNBC.
The Air Force continues to award SpaceX hundreds of millions of dollars in launch contracts, with Secretary Heather Wilson telling Congress in March that the decreasing cost to launch is “enabling business plans to close in space that never were possible before.”
“For a decade and a half, launch costs were ballooning until SpaceX came in and said, ‘We can do it cheaper,'” Sam Korus, ARK Invest analyst, told CNBC.
SpaceX senior vice president Tim Hughes told Congress in a July testimony that “the U.S. had effectively ceded” the commercial rocket launch market “to France and to Russia.” Hughes showed how, before 2013, the U.S. lacked a foothold in this market. SpaceX helped the United States reclaim not just a portion but a majority in the global launch market in 2017 and represented more than 60 percent of U.S. launches while doing so.
The lower costs introduced by SpaceX has not merely allowed the U.S. to retake market share from the Russians and Europeans. It is also causing a re-awakening of the entire space industry. Satellites are being built and launched now that could not have been financed in the past, solely because the cost to put them in orbit has dropped. As a result the total number of launches is rising, providing more business for everyone.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Link here. This is a surprisingly accurate and detailed article outlining the present state of the worldwide launch industry and how SpaceX has come to dominate it. It includes a graph that illustrates what I noted in my own summary in January: SpaceX has served to rejuvenate the American rocket industry.
From the Pentagon to financial analysts, many are heralding SpaceX as responsible for bringing the rocket industry back to the United States. For decades, rockets built by United Launch Alliance flew U.S. Air Force and NASA missions on Russian engines or other systems bought overseas. “They’re an all U.S. launcher. For a long time our military and intelligence capability was not launched using all U.S. capability,” Carissa Christensen, CEO of consulting firm Bryce Space and Technology, told CNBC.
The Air Force continues to award SpaceX hundreds of millions of dollars in launch contracts, with Secretary Heather Wilson telling Congress in March that the decreasing cost to launch is “enabling business plans to close in space that never were possible before.”
“For a decade and a half, launch costs were ballooning until SpaceX came in and said, ‘We can do it cheaper,'” Sam Korus, ARK Invest analyst, told CNBC.
SpaceX senior vice president Tim Hughes told Congress in a July testimony that “the U.S. had effectively ceded” the commercial rocket launch market “to France and to Russia.” Hughes showed how, before 2013, the U.S. lacked a foothold in this market. SpaceX helped the United States reclaim not just a portion but a majority in the global launch market in 2017 and represented more than 60 percent of U.S. launches while doing so.
The lower costs introduced by SpaceX has not merely allowed the U.S. to retake market share from the Russians and Europeans. It is also causing a re-awakening of the entire space industry. Satellites are being built and launched now that could not have been financed in the past, solely because the cost to put them in orbit has dropped. As a result the total number of launches is rising, providing more business for everyone.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
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