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It's about building flagship companies that launch industries.
At stake is much more than the $200 billion a year satellite and launch industries and jobs that depend on them.
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These launchers proved to be extremely reliable, and they gave Europe independent access to space and a leading position in the commercial space launch industry.
That was an "at-risk launch," industry jargon meaning that the generic company sells its drug before patent litigation is concluded.
Musk has said the ability to return rockets to Earth so they can be refurbished and reflown would slash his SpaceX company's operational costs in the burgeoning and highly competitive private space launch industry.
Describing Arianespace as the "Mercedes-Benz of the launch industry," Philip McAlister, a director of the Futron Corporation, a technology consulting firm in Bethesda, Md., said the Europeans had been "kicking the Americans' butts".
The Reagan administration had long had the goal of stimulating a private space launch industry, and now, with the removal of a heavily subsidized competitor from the market, three different companies stepped forward within a week's time to announce plans for operating commercial versions of the Delta, Titan, and Atlas/Centaur launchers.
It does not think that the commercial launch industry is sufficiently mature for the United Kingdom to buy services commercially.
However, the company has yet to prove the most coveted capability in the launch industry: launch reliability.
But a four-year-long "soft launch"–industry jargon for the time between when a site is posted and when it's publicized isn't a precaution; it's a death sentence.
It would appropriate $25 million to launch industry-specific Manufacturing Technology Acceleration Centers.
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