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Video edited by Kevin Gallagher. Click here for transcript. (video link)

During the last decade or so, there has been an incredible amount of money, time, and energy put into revitalizing the launch industry, both in the United States and around the world.

Less than a decade ago, no company had ever developed an orbital rocket on its own and successfully launched a payload into orbit. SpaceX finally accomplished that feat in September 2008, opening the floodgates of private investment. The aerospace world today is radically different as a result, with more than 100 companies now seeking to build orbital rockets of varying size, scope, and capacity.