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The four corners of the new space economy

Perhaps simply the most exciting industry to be a part of today, orbital launch service has gone from a government-funded niche dominated by a handful of primes to a vibrant, growing community serving insatiable demand.

With billions in investment from people who don’t actually care whether money is made in the short term (or with Bezos, even in the long term), they can perform the research and engineering necessary to make a full-scale launch platform.

Stealth, perhaps better described as smart positioning, is where you’ll find Rocket Lab. This New Zealand-based company didn’t appear out of nowhere — look at its timeline and you’ll see scaled-down tests being conducted more than a decade ago.

This avoids the trouble of competing against billionaires and decades-old space dynasties because, really, this market didn’t exist until very recently.

“Responsive space, or launch on demand, is going to be increasingly important,” Beck said.

On the other hand, these are companies that, should they prove viable, may upend and collect a significant portion of the new and growing launch market.

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