Finance

by Carissa Bryce Christensen Should Europe and the United States be spending billions to protect a launch industry that cannot make it commercially? Painfully, the answer is yes. The launch industry is in crisis. Overcapacity has driven commercial launch prices down nearly by half compared to a few years ago. Revenues have dropped at a...

by Chris Mecray Two of the major U.S. satellite launch providers, Boeing and Lockheed Martin, have just completed $1.5 billion in investments in upgraded launch vehicles (not including government development funding), and with great fanfare, recently completed their first missions, successfully delivering satellites for Eutelsat to designated orbits. When I mention to investors that the...

By James Careless Arguably, buying a rocket these days just got more interesting. With the virtual disappearance of the non-geosynchronous (NGSO) market and a cyclical downturn in geosynchronous (GSO) launches, the world’s big three launcher companies–Arianespace, Boeing (including its Delta program and its partnership in Sea Launch), and Lockheed Martin/ILS–are in a fight for survival....