> <i><font color="yellow">When designing an expendable launch vehicle, what needs to be looked at?</font>/i><br /><br />At the time you expect to be operational, who you expect the customers will be (what do they want to launch, to where, and how much they are willing to pay for it) and who the competitors will be (what markets are they targeting and what their cost structures will be).<br /><br />You should also look at the history of launch vehicles, understand what did and didn't work (both technically and commercially) and why.<br /><br />Then you need to look at what the expected devopment costs will be, and once you become operational, what your fixed costs will be (e.g., maintaining a launch crew and facilities) and your variable costs will be (e.g., the costs of the materials to build the rocket). Then, if you are in this for the money (i.e., you want to run a business or attract other people's money), you need to look at your expected launch rates, what you expect to be able to charge the customer, include development, fixed, and variables costs, and identify a point in which the investments turns positive. Actually, since potential investors have alternative places to invest their money, you need to consider when you meet some target profit assuming the development costs where invested at 10% compounded interests.<br /><br />If you put all this in a spreadsheet, then you can play with the numbers to see what makes since. For example, "Assuming a development cost of X, a fixed cost of Y, a variable cost of Y..., I can create a positive return on investment in K years". This gives you a foundation on how to pursue the technical details. For example, if you choose to invest heavily into development (e.g., to use a methane engine), how much will operational costs (fixed and variable) need to be held down in order to justify that development cost?</i>