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AP: SpaceX Snags Half Billion Dollar Iridium Launch Deal

By Doug Messier
Parabolic Arc
June 16, 2010
SpaceX's Falcon 9 on the pad at Cape Canaveral. (Credit: Chris Thompson/SpaceX)

SpaceX's Falcon 9 on the pad at Cape Canaveral. (Credit: Chris Thompson/SpaceX)

The Associated Press is reporting that SpaceX is set to announce a $492 million deal with Iridium to launch a fleet of communications satellites aboard the Falcon 9 rocket. The company recently announced a $2.9 billion effort to launch 72 spacecraft into orbit.

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