April 14, 2011

Spacex will launch the Next Iridium network of satellites in a $3 billion deal

Universe Today - Iridium Communications Inc. signed a deal with Space Explorations Technologies (SpaceX) as its major launch provider of its communications satellites on SpaceX’s Falcon 9 rocket. It is the largest commercial space launch contract with any single entity. The contract is worth an estimated $3 billion.



They will also complete the planned 72 satellite fleet in only eight launches of nine satellites each. Sixty-six of these satellites will be fully operational; the remaining six will be on-orbit spares (in case there is a contingency with any of the operating satellites). Iridium will also have nine additional ground spares.

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