Reusable Launch Vehicle Cost Structures and Their Implications for South Korea’s Next-Generation Launch Program
Reusable launch vehicle (RLV) technology has reshaped the economics of orbital access since SpaceX first recovered a Falcon 9 first-stage booster in December 2015. This paper reviews publicly available cost data and peer-reviewed economic models to evaluate the conditions under which first-stage reusability becomes cost-effective, and considers what these findings mean for South Korea’s recent […]