> Making a small launch vehicle is seen as necessary to attract the level of funding needed for a medium or heavy lift launch vehicle
I get that.
But it seems like every VC on the planet had the same idea at the same exact time because there's like 50+ small lift rockets in various stages of development. And approximately 0% of them have a shot at profitability.
I have real doubts that any of them that aren't backed by a nation-state will be able to fund raise and survive long enough to build a medium lift rocket on the back of their experience.
Making a small launch vehicle is seen as necessary to attract the level of funding needed for a medium or heavy lift launch vehicle