No investor makes a good return on launchers. Should the UK try anyway?

by Peter B. de Selding

MANCHESTER, England — The national British debate over whether to develop a domestic space-launch service hinges on the unproved hypothesis that it’s possible to make a decent return on the investment.

The new government to follow the June 8 election is unlikely to take a radically different view of the subject than its predecessor, which promoted the idea of spaceports for vertical and horizontal-launch systems but stopped short of labeling the effort a strategic priority for government spending.

The government also set the goal of having a . . .

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