What Happened
Launch Crisis Deepens Amid Strong Demand and Limited Capacity
The satellite industry is facing a severe launch crisis due to a global shortage of rockets and companies capable of launching them. With over 100,000 satellites expected to be launched into orbit over the next decade, the demand for launch services is outpacing supply. China is rapidly expanding its launch capability, including the development of reusable rockets, but Western companies are restricted from partnering with Chinese firms due to legal restrictions. This shortage may have significant implications for the industry, including increased costs and delayed launches, as reported by Unknown Source.