How would you rate the top ten US launch companies?
Ars Technica did this posting
right before space reporter and author Eric Berger took off for a vacation,
and it's an interesting thing to ponder on. Eric is completely honest in
saying it's clearly subjective and what he considered important.
Please note this is a subjective list, although hard metrics such as total
launches, tonnage to orbit, success rate, and more were all important
factors in the decision. Also, the focus is on what each company
accomplished in 2022, not what they might do in the future.
Since I think there could be no discussion that, in those terms as well as
things like importance to the launch business and to the world, #1 has to be
SpaceX. Just on what they've done in '22, not counting anything in the
future.
For reference and as common starting point, let me list the top 10 in his
order. In the column he devotes a paragraph or two to each of them
explaining why he chose them. To save space, I'll list them here by the
ranking and say to
go read the original.
2: United Launch Alliance
3: Rocket Lab
4:
Northrop Grumman
5: Virgin Orbit
6: Firefly
7:
Blue Origin
8: Relativity Space
9: ABL Space
10:
Astra
Let me more or less mimic his approach with my top 2-10.
2: Rocket Lab
By tonnage to orbit, I believe ULA would be number two. By
accomplishments for a launch company I put Rocket Lab ahead of the ULA largely
for one mission. They launched
NASA's CAPSTONE satellite
(second story in that roundup) into its Near Rectilinear Halo Orbit (NRHO) of
the moon. Part of the reason this is so important is that rocket they
used, their Electron booster, is a small satellite lift vehicle and a
lightweight upper stage called Lunar Photon propelled CAPSTONE to the moon
over the course of the roughly four months it took to get there. Rocket
lab made that upper stage, too.
The combination has the potential to radically change the launch
picture. Small, single satellite missions to the moon or nearby places
got cheaper with the trade of them taking longer to get there.
3: United Launch Alliance (ULA)
While ULA had a disappointing year in not launching their Vulcan rocket, it
wasn't really their fault; the BE-4s for the first Vulcan mission arrived in
'22, not '17 as originally anticipated. The Vulcan program has been
waiting for these engines for a long time.
Plus, to equal SpaceX's total of 61 launches in '22, ULA would have to count
up every one of its launches since 2015. Their Atlas V and Delta IV
launches, along with winning a contract for Amazon's Kuiper constellation,
which will put a large demand for Vulcans, all combine to give ULA a high
rating.
4: Northrup Grumman
Here, I can't disagree with Eric Berger at Ars. Northrup Grumman is a
solid launch company; their Cygnus cargo supply missions to the ISS have been
important, and have only been made more important by being the only US vehicle
capable of boosting the altitude of the International Space Station at the
moment, in the case of emergency.
The future isn't necessarily going to be smooth; their final Antares 230
rocket will launch in the spring of 2023, after which time Northrop had to buy
three Falcon 9 launches from SpaceX (!) to put its Cygnus spacecraft into
orbit. It's their last Antares for the same reason ULA is burning out
their fleet of Atlas V rockets: they used Russian engines. They've
announced an agreement to buy Miranda rocket engines from Firefly to power an
Antares 330 rocket. With luck, this booster will make its debut in late
2024.
From here we get into more speculative territory because none of these
companies have operational, orbital class capabilities.
5: Relativity Space
Here I make a fairly large departure from Eric Berger's, which had these guys
at number 8. I think Relativity is close to an orbital attempt of their
Terran 1 prototype, currently speculated to be this month. It's
currently stacked and undergoing testing at SLC-16 on the Cape Canaveral
SFS. It appears they're closer to orbit than the companies farther down
in this list (with one exception - the one I rank #8). CEO Tim Ellis has
proven to be a prolific fundraiser, which is plays a big role in the launch
business, with more than $1.3 billion raised.
The Terran 1 is a prototype designed to be more like the desired goal
they're prototyping toward, the Terran R, than is typical in their
field.
In October,
reports were that Relativity has sold $1.2 billion worth of launches on Terran
R and has a "few hundred" million more dollars' worth of contracts under
negotiation with customers.
6: Firefly
Firefly is the company that had that "mostly successful failure" back on
October 1st.
Subsequent to the launch, doubts grew about whether the launch truly was a
“success” as the satellites, rather than being left in 300 km circular orbit
as planned, were instead left in 270 x 210 km orbits inclined at 137
degrees. The low perigee will mean that the satellites will re-enter
much earlier than planned.
Firefly said the mission was a success, but I'm sure the people behind those
satellites didn't think as much of it. Still, they have up to four Alpha
launches planned for '23, so it will be interesting to see if they manage to
scale production and cadence in the coming year. At the same time,
Firefly is also working to complete development and testing of its Blue Ghost
lunar lander, which could launch to the Moon in 2024 as part of NASA's
Commercial Lunar Services Payload program. Finally, as reported in #5,
they've succeeded in selling engines to others in the industry.
7: Blue Origin
Blue origin, of course, has yet to reach orbit and their New Glenn rocket that
has been talked about for years is still probably not going to launch for
another year. On the whole there's not much positive that can be said
about them but the few are important.
First off, after years of schedule slippage they seem to have finally gotten
their BE-4 engines through manufacturing and certification. This is
important not only for ULA but for Blue themselves as they'll power the New
Glenn. The other net positive has been their "space tourism" business on
their New Shepard suborbital rocket and capsule. That business is
currently in limbo since the September flight, which was aborted when the
booster failed explosively - but thankfully proved that their escape system
for saving the crew worked.
8: Virgin Orbit
Virgin Orbit's drop in my ratings is for two reasons. The first is that
while they have achieved orbit, it's still more like a novelty than a
repeatable thing. They don't seem to be living up to the expectations
for them. For example, it's true they equaled the most launches they've
had in a year in '22. The negative is that was two launches. That
means they've launched four payloads in two years. Their total of paying
space tourists for a suborbital ride is: zero. Blue Origin has launched
18.
All in all it has been a stagnant year for them. Part of the reason is
that the company spent a lot of time and effort getting regulatory approval
for a debut launch from Cornwall, England. The goal is for the
Cosmic Girl aircraft to take off from there with rocket launches over
the sea. This mission is now planned for early 2023.
This has led to concern about Virgin Orbit's financial viability, which was
then reinforced by the company itself.
Virgin Orbit announced
on the evening before Thanksgiving the "cessation" of a securities offering,
saying, "Due to current market conditions, the company has elected not to
proceed with an offering. Any future capital-raising transactions will depend
upon future market conditions." In the short term, they have enough capital to
keep going, but they need to dramatically increase their launch cadence to
reach profitability.
9: ABL Space
Back in
August, I reported on speculation ABL would attempt to join the "one metric ton to
orbit" club with a launch in early September. Three months later they
still haven't completed that launch and are now talking about a new launch
window on January 9th. Frankly, this launch is getting to the point
where it needs to happen. They have investors and operating money, but
they need to start reaching orbit successfully and repeatedly.
10: Astra
Back in
August
(again!), Astra announced a pivot from their existing business model to a
rather different approach. Until that point, the company had been
working on their Rocket 3 vehicle, a micro launcher said to be capable of
putting small payloads of about 50 kg into low Earth orbit. Instead of sparing
no expense to ensure highly reliable vehicles, they assumed their small
satellite customers would accept a bit more risk, so they could cut down on
their testing, analysis, and redundancy in design. In return, Astra
would pass those launch savings along to customers.
The problem became that while they iterated quickly from Rocket 3.0 to 3.3,
they had seven launches and only 2 were successful - 29%. While
customers might well settle for a bit less reliability in exchange for a more
affordable launch, they probably envision something like dropping from 99%
reliability to 95 or 90%, not 29.
Their mission became a shift to Rocket 4.0, providing a launch capacity of 600
kg to low Earth orbit at a price of $5 million. Given the amount of
design work is far more like tearing it all up and starting over than tweaking
the existing designs, it's highly unlikely they'll get Rocket 4.0 flying in
'23.
Stage one of the Relativity Space Terran 1 rocket undergoing testing at
Launch Complex-16 on Cape Canaveral Space Force Station. Relativity Space
photo by Trevor Mahlmann.
As always, it's just the way I see it. Comments are always welcome (as
long as they're about this and not how you're working from home making a
million dollars a month ;-) ).