Vulcan Rocket's space debut will be crucial for Boeing-Lockheed venture

Vulcan's space debut: United Launch Alliance's (ULA) Vulcan Rocket is prepared for its first launch, which is scheduled for Monday at 2:18 a.m. ET (0718 GMT) from Cape Canaveral. ULA is a joint venture of Boeing and Lockheed Martin, is working on this space debut mission that is expected to unlock a backlog of missions worth millions and position ULA to compete with SpaceX.

The launch is crucial for ULA's prospects and their plans to divest the joint venture. Sources familiar with the talks indicate that the outcome of Vulcan's launch could significantly influence these discussions. The stakes are high, representing the future trajectory of the company.

Mounting expectations

Vulcan's debut faces mounting expectations following months of developmental delays and a mishap with an upper-stage booster last year. This launch aims to carry a moonlander using engines from Jeff Bezos' Blue Origin, marking a significant milestone for the US space programme.

Amid talks of divesting ULA, this launch holds paramount importance. Boeing and Lockheed, joint owners of ULA, are reportedly exploring the sale. A successful mission could bolster ULA's market position, as they aim to retire their Atlas and Delta rockets, positioning Vulcan to compete with SpaceX's Falcon 9.

Additionally, Vulcan's maiden mission seeks certification from the US Space Force, a key step to secure future Pentagon satellite launch contracts. Priced lower than its predecessors, Vulcan is poised to challenge Falcon 9's dominance in the satellite launch market.

The launch also reflects ULA's strategic pivot to compete in the evolving commercial space landscape. Acquiring a significant backlog of missions, Vulcan's success could potentially redefine ULA's valuation, estimated between $2 billion and $3 billion.

As the space industry undergoes a transformative phase, this launch signifies more than just a successful liftoff. It's a decisive step that could shape the future trajectory of the United Launch Alliance.

(With Reuters inputs)