ULA

SpaceX and United Launch Alliance leading in space launch cost reduction

SpaceX and United Launch Alliance leading in space launch cost reduction

SpaceX has reduced the cost of space missions and launch events by successfully developing its reusable rocket technology. SpaceX rival United Launch Alliance is aiming at reducing rocket launch costs of its missions even further with use of reusable rocket. As ULA Delta IV Heavy is not reusable, each mission costs $350 million. Boeing and Lockheed Martin joined forces in 2005 to setup ULA. The company is working on Vulcan, a reusable rocket that could beat SpaceX Falcon heavy in terms of cost of space missions.

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