🚀 SPACE
🔴 Europe’s Plan to Counter SpaceX is “Destined to Fail”

🪧 ESA seeks to merge Airbus & others to rival SpaceX, but experts warn it mirrors the failed ULA model.

🪧 U.S. tried this before—costs soared, competition collapsed, & SpaceX thrived.

🪧 Can Europe compete without radical industry reform?

#ESA #SpaceX #Europe #LaunchIndustry #Aerospace

ULA being up for sale could be a very good thing for the company - I think there a lot of opportunities for ULA to do well free of its corporate overlords, especially Boeing.

But it could also be another example of private equity buying a company to strip its assets for short-term gains and leave the company a shambling corpse.

Vulcan is likely to do a lot of business, so there is certainly long-term value in the company. But no reuse limits its future.

#Rockets #ULA #Space #LaunchIndustry

#WashingtonPost 📆 March 29, 2022 : 📆 2013 #Russia 🇷🇺 controlled around half of the global commercial #LaunchIndustry. By 📆 2020, #SpaceX represented half of the commercial #satellite #LaunchMarket, and Russia was down to 10%. Between 2014 and 2020, #Roscosmos#budget fell from $5 billion to $1.4 billion 💵 https://www.washingtonpost.com/business/russia-just-became-the-worlds-first-former-space-power/2022/03/29/0a5a20d8-af37-11ec-9dbd-0d4609d44c1c_story.html
Russia Just Became the World’s First Former Space Power

The Ukraine war cut off European partnerships that the Russian space agency needs to stay competitive in commercial exploration.

The Washington Post