
The launch market likely faces a shortfall of capacity in the near-term, but also faces the risk of oversupply in the longer term, a new report from McKinsey finds. The launch market is in flux, as a number of legacy vehicles near retirement and replacement heavy-lift vehicles face delays, and many new vehicles in development have yet to enter the market. A McKinsey report authored by Chris Daehnick, John Gang, and Ilan Rozenkopf, considered three scenarios for potential growth of the space sector…