Posted: Tue, Mar 15, 2011, 7:03 AM ET (1103 GMT)
SpaceX will launch a communications satellite for SES, the first launch deal the entrepreneurial launch company has won from a major satellite operator. SpaceX will launch the SES-8 satellite for SES in the first quarter of 2013 on a Falcon 9 from Cape Canaveral, the companies announced Monday. SES-8 is a medium-sized communications satellite being built by Orbital Sciences and will operate from 95 degrees east. The contract is the first time one of the big four satellite operators (Eutelsat, Intelsat, SES, Telesat) has purchased a launch from SpaceX, a signal that traditionally risk-averse customers like major satellite operators have become comfortable with the Falcon 9, which launched successfully twice last year. Falcon 9 prices start at around $50 million, significantly less than other commercial launchers with similar capacities.
