Big rockets are out. Small satellites — and the small rockets that can carry them into orbit — are in.

This was the upshot of StratSpace Intelligence’s Intelligence Report & Market Forecast last year, which predicted a big uptick in smaller space rocket launches in coming years, alongside a plateauing of missions utilizing large rockets like the SpaceX Falcon 9 and United Launch Alliance Atlas V. With miniaturization increasingly permitting small satellites to do the work previously only do-able by large satellites — and the cost of building small satellites falling to just a few tens of thousands of dollars apiece — there’s simply not as much demand for putting big honking satellites into orbit anymore. 

The result: There is an “excess” of large space rockets on

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