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Private Space Launch Vehicle Emergence
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Overview
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The emergence of private space launch vehicles in the U.S. is analyzed, with SpaceX leading in 2008. The article explores the launch industry, evaluating economic viability and projecting payloads to LEO by 2030. Factors such as vehicle reliability, performance, suitability, and price are considered, suggesting a 20-40% Compounded Annual Growth Rate (CAGR) for payload to LEO. Additionally, the article discusses the industry's expected decrease in launch costs and the need for private aerospace cooperation to address government contracts.
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How could the projected growth in payload to LEO affect the development of new technologies and missions?
How might the emergence of private space launch vehicles impact the commercial space industry?
What challenges do private aerospace companies face in securing government contracts?
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Coverage
space