What Happened
Global Space Industry Faces Potential 150-Launch Deficit
According to a report by Quilty Space, the global space industry may face a shortfall of approximately 150 launches by 2030, driven by factors such as the absence of Russian rockets from the Western market and growing demand from satellite operators and civil space agencies. The shortfall is expected to peak in 2028, with delays in the development of new launch vehicles, including New Glenn, Vulcan, Neutron, Terran R, and Nova, contributing to the issue. The situation was first reported by Ars Technica.