Could United Launch Alliance's money problems finally force its owners to sell?
Living on guarantees
ULA is preparing to resume launching the Vulcan rocket in the coming weeks.
United Launch Alliance's second Vulcan rocket undergoes a countdown dress rehearsal in 2024. Credit: United Launch Alliance
Pretty much every rocket company in the United States, save one, has embraced two fundamental tenets: reusability and diversification.
Most famously, SpaceX branched out from reusable rockets to pursue and dominate a growing spectrum of space services: cargo delivery, human spaceflight, satellite production, broadband, and, perhaps soon, orbital data centers and in-space manufacturing. Blue Origin is evolving from a pure rocket company into a satellite manufacturer, robotics developer, and, most recently, a potential competitor for SpaceX’s Starlink network.
Rocket Lab used a different approach to diversify after achieving success with its small Electron launch vehicle. The company relocated its headquarters from New Zealand to Southern California, started building spacecraft and payloads, and then went...
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