Five Case Studies
This brief chapter introduces the reader to the five aerospace firms whose experiences follow. Each of the business firms represents a primary approach to the challenge of financing commercial space flight. The Boeing Company uses government awards to reduce the risk of business failure. SpaceX uses government awards to leverage additional private investment. Blue Origin relies upon the personal wealth of its founder. Virgin Galactic grew out of a privately funded prize. Orbital Sciences shows how a firm securing a commercial foothold retreats to government contracts when financial difficulties appear.