SpaceX wins commercial GEO launch contract
Posted: Wed, Sep 12, 2007, 12:23 PM ET (1623 GMT)
SpaceX has won its first launch contract for a commercial GEO communications satellite from a start-up British satellite operator. London-based Avanti Communications Group plc announced Monday that it will launch its Hylas satellite on a Falcon 9 rocket in mid-2009. Terms of the contract were not announced, but Falcon 9 launches are priced starting at $35 million, significantly below other commercial GEO launch providers, although the Falcon 9 has yet to perform its first launch. Hylas is a small GEO communications satellite that will provide broadband services in Europe; the satellite's development is being partially funded by ESA.
SpaceX has won its first launch contract for a commercial GEO communications satellite from a start-up British satellite operator. London-based Avanti Communications Group plc announced Monday that it will launch its Hylas satellite on a Falcon 9 rocket in mid-2009. Terms of the contract were not announced, but Falcon 9 launches are priced starting at $35 million, significantly below other commercial GEO launch providers, although the Falcon 9 has yet to perform its first launch. Hylas is a small GEO communications satellite that will provide broadband services in Europe; the satellite's development is being partially funded by ESA.
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