SpaceX Undercut Competition To Clinch Head-turning Iridium Deal
Space News
Startup launch services provider Space Exploration Technologies (SpaceX), which has made a habit of turning heads in the industry since it was created in 2002, did so again on June 16, announcing a firm $492 million contract with mobile satellite services operator Iridium Communications to launch Iridium’s second-generation constellation of 72 satellites.
The implied price — $6.8 million for each 800-kilogram Iridium satellite launched into a 780-kilometer orbit — is at a level not seen in the launch industry since Russian and Ukrainian rockets were first introduced into the commercial market in the mid-1990s. These vehicles’ prices have since risen sharply.








