{"id":287851,"date":"2026-02-12T17:03:09","date_gmt":"2026-02-12T17:03:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/287851\/"},"modified":"2026-02-12T17:03:09","modified_gmt":"2026-02-12T17:03:09","slug":"launch-companies-debate-how-to-compete-against-spacex","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/287851\/","title":{"rendered":"Launch companies debate how to compete against SpaceX"},"content":{"rendered":"<p>MOUNTAIN VIEW, Calif. \u2014 Launch companies are divided on how to compete with SpaceX in a market where demand outstrips supply, yet customers remain price sensitive.<\/p>\n<p>During a panel at the SmallSat Symposium on Feb. 11, executives from several launch companies acknowledged the challenge of competing with SpaceX, which accounted for about half of all orbital launches globally in 2025, despite strong customer demand for launch services.<\/p>\n<p>The issue is particularly acute for small launch vehicle developers, who have struggled to compete on price with SpaceX\u2019s rideshare program.<\/p>\n<p>\u201cIf your idea is to go into the market competing with SpaceX on price, you\u2019re probably not in a good competitive position,\u201d said Brian Rogers, vice president of global launch services at Rocket Lab, one of the few small launch vehicle developers to thrive despite competition from SpaceX.<\/p>\n<p>\u201cYou have to have a different market entry strategy,\u201d he said, competing on factors other than price. \u201cYou have to be able to differentiate yourself.\u201d<\/p>\n<p>Daniele Dallari, sales manager at PLD Space, a Spanish small launch vehicle developer, agreed. He said the company believed its prices were \u201cvery competitive\u201d but acknowledged it could not compete on price alone.<\/p>\n<p>\u201cIt\u2019s the services that we provide, not just the price. That\u2019s dedicated launch and quick response to customer needs,\u201d he said.<\/p>\n<p>\u201cYes, price needs to be competitive, absolutely. There\u2019s no doubt about that,\u201d he added. \u201cBut there\u2019s a point where it doesn\u2019t matter anymore. It\u2019s the level of service that you provide that makes a difference to the customer.\u201d<\/p>\n<p>Devon Papandrew, vice president of business development at Stoke Space, disagreed. \u201cYou absolutely have to have a plan to compete with SpaceX on price,\u201d he said.<\/p>\n<p>Papandrew said Stoke Space, <a href=\"https:\/\/spacenews.com\/stoke-space-adds-350-million-to-series-d-round\/\" rel=\"nofollow noopener\" target=\"_blank\">which announced Feb. 10 that it had raised an additional $350 million<\/a>, expects to compete with a fully reusable medium-lift vehicle. \u201cIf you are fully reusable, then you have a cost floor that won\u2019t be undercut by any other launch vehicle,\u201d he said.<\/p>\n<p>He added that SpaceX faces internal constraints because it is its own largest launch customer for deploying Starlink satellites. \u201cEvery time they sell a launch to a third-party customer, it means 24 or so Starlink satellites don\u2019t get to orbit. That has a significant cost for SpaceX,\u201d he said.<\/p>\n<p>Scarcity versus saturation<\/p>\n<p>Papandrew said that dynamic is one reason demand for launches currently exceeds supply. \u201cYou see all these market forces continuing to push scarcity among supply,\u201d he said. \u201cWhere pricing shakes out in the market is going to be driven by that scarcity.\u201d<\/p>\n<p>Not long ago, however, the market appeared oversupplied with launch vehicles, particularly at the small end. Many of those vehicles never reached the pad, facing technical and financial setbacks. On Feb. 11, for example, Orbex, a U.K.-based small launch vehicle developer, <a href=\"https:\/\/spacenews.com\/uk-launcher-orbex-files-for-administration-after-failed-funding-efforts\/\" rel=\"nofollow noopener\" target=\"_blank\">entered administration, the British equivalent of bankruptcy protection<\/a>.<\/p>\n<p>\u201cThere were too many people creating launch vehicles. The market was saturated with new entrants,\u201d said Rogers. \u201cBut I think everyone is in this market because we believe there is demand for more launch.\u201d<\/p>\n<p>Papandrew said SpaceX achieved its current market dominance through mastery of booster reuse. \u201cThey created a step change in capability that unlocked higher cadence and lower cost,\u201d he said.<\/p>\n<p>The issue of launch scarcity and SpaceX\u2019s dominant market position was also a theme of other conference panels, including one earlier in the day focused on investment.<\/p>\n<p>\u201cThere has been a massive imbalance of supply and demand in launch for a number of years,\u201d said Tyler Letarte, principal at AE Industrial Partners. That imbalance factored into his firm\u2019s decision to invest in Firefly Aerospace, which operates the Alpha rocket and is developing the larger Eclipse vehicle.<\/p>\n<p>\u201cOn this stage years ago, everybody made that point: there was too much launch capability and not enough demand,\u201d said Karl Schmidt, managing director at KippsDeSanto &amp; Co.<\/p>\n<p>However, Randy Segal, a partner at Hogan Lovells, said the perceived oversupply of previous years disappeared because companies were unable to deliver on their proposed vehicles.<\/p>\n<p>\u201cThey didn\u2019t go forward because it is rocket science,\u201d she said. \u201cThey all said it wasn\u2019t rocket science, but it is rocket science.\u201d<\/p>\n<p>\n\tRelated<\/p>\n","protected":false},"excerpt":{"rendered":"MOUNTAIN VIEW, Calif. \u2014 Launch companies are divided on how to compete with SpaceX in a market where&hellip;\n","protected":false},"author":2,"featured_media":265802,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23],"tags":[85,46,19937,21511,141,145982,3443,145,4688,46014],"class_list":{"0":"post-287851","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-space","8":"tag-il","9":"tag-israel","10":"tag-pld-space","11":"tag-rocket-lab","12":"tag-science","13":"tag-smallsat-symposium","14":"tag-sn","15":"tag-space","16":"tag-spacex","17":"tag-stoke-space-technologies"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/287851","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=287851"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/287851\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/265802"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=287851"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=287851"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=287851"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}