There are essentially three areas in the world where clusters of private companies have started to develop small launch vehicles.The first such cluster emerged in the United States nearly two decades ago with SpaceX, which was then followed by Rocket Lab and about a dozen other serious companies.Next came China, with a profusion of quasi-private companies leveraging technology from the country's state-owned launch enterprises with private funding.
#years #united-states #essentially #decades-ago #great-britain #venture-capital #private-companies #government-funding
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