Commercial Hypersonic Transportation Market Study

At the request of NASA, Deloitte conducted an independent market study to provide an independent assessment on the economic viability of hypersonic and supersonic air transportation to inform ongoing strategic planning of research areas within the government and industry and to focus on the areas for technology development and vehicle design requirements. The Study was organized into three primary areas of investigation: Defining the Market appetite for high speed air transport, Defining the business cases; and Assessing Barriers in the environment. The market demand was assessed across a range of Mach numbers from Mach 2 to Mach 6 and ticket price elasticity was determined by surveying potential customers, literature reviews and stakeholder and expert interviews for passenger aircraft, private aircraft and cargo markets. The business case analyses assessed potential business cases across a three-dimensional trade space: flight speed (Mach 2-6), passenger capacity (20-200 passengers) and design range (2500-7500 nmi.). By using the SpaceWorks Rosetta model, we were able to assess each combination in the trade space and to determine the steady state Internal Rate of Return (IRR or profit) was our primary figure of merit and allowed us to rank order the business cases to understand the trends and draw conclusions from the complex trade space. Lastly, we assessed other potential barriers to high speed flight. These were determined through literature review and stakeholder/expert interviews. Once these were compiled, we developed an objective scoring system to allow us to determine overall significance and challenge to aspiring market entrants. The majority of the research was conducted between July and December of 2020 and the results compiled and communicated to NASA in the first quarter of calendar year 2021. This report, along with the companion briefing deck, document the summation of our research and serve as a data repository for use by future researchers in government and industry.