The aerospace industry is undergoing profound change. Companies are facing the challenge of having to drastically shorten development cycles, develop more sustainable technologies and reduce costs, all at the same time. In addition, advances in satellite technology require new manufacturing approaches to make systems smaller, lighter and more powerful. While government space programs continue to play a major role here, private players such as SpaceX, Blue Origin and Rocket Lab are driving the commercialization of space travel and setting new standards for efficiency and profitability: Competition has never been so fierce.