Sea Launch died in 2014 because the economics didn’t work — but a Florida startup founded by two former Crowley Maritime executives just convinced Lockheed Martin and Firefly that the rise of low Earth orbit constellations and a Pentagon afraid of fixed targets have quietly inverted that math

SpaceX alone flew more than 130 Falcon missions in 2024, and with Cape Canaveral, Vandenberg and Wallops booked through the decade, American launch capacity is hitting a wall. The response is taking shape offshore. With the Pentagon pushing for launch options that can’t be targeted in a conflict, defense officials and a fresh crop of [...] The post Sea Launch died in 2014 because the economics didn’t work — but a Florida startup founded by two former Crowley Maritime executives just convinced Lo