Manned spacecraft cost typically ten times as much to develop as advanced technology prototype aeroplanes of similar weight. For example, the Hermes spaceplane, which is designed to be launched into orbit by the expendable Ariane 5, has an estimated development cost of $4 billion, which is about ten times greater than the cost of the Experimental Aircraft Programme (EAP) demonstrator of the European Fighter Aircraft ($350 million). The Hermes spaceplane and the EAP are of comparable size and weight and both use very advanced technology. The EAP is already more mature than Hermes would become because, although the EAP is only a prototype, it has made more flights than are planned for Hermes over its entire operational career.
This part of the paper attempts to identify the factors which explain this difference in cost and then to determine which of them would apply to fully reusable, piloted, aeroplane-like launchers, i.e. aerospace transporters.