SpaceX's new ride-sharing launches to boost small-satellite industry

Young journalists club

News ID: 43528
Publish Date: 14:42 - 04 September 2019
TEHRAN, Sept 04 -SpaceX's plans for more frequent, regularly scheduled ride-sharing launches will unleash new growth in the small-satellite industry, leading to easier and cheaper rollouts for new communication networks, experts said.

SpaceX's new ride-sharing launches to boost small-satellite industryTEHRAN, Young Journalists Club (YJC) -SpaceX recently published a schedule of 30 rocket launches for small satellites in 2020 and 2021. Its customers can buy space on the missions for as low as $1 million, a previously unprecedented price to put a satellite into orbit. 

Reserving an entire launch on the company's Falcon 9 rocket costs $62 million.

The small-satellite market is poised to generate $1 billion a year over the next decade, according to Northern Sky Research, which is based in Cambridge, Mass., and specializes in the satellite and space markets.

"What SpaceX is doing is great for the satellite industry," Leena Pivovarova, an analyst for Northern Sky, told UPI.

"It's definitely going to lead to expansion. It will also make the small-rocket market more competitive," she said. "Things will get a little more difficult for new launch companies trying to enter the market."

The new SpaceX schedule for small satellites is in addition to its regular missions to the International Space Station or for large customers like the U.S. military. The first date on the new schedule is in March, when a Falcon 9 rocket is to lift off from Vandenberg Air Force Base in California, but other launches will be in Florida, the company said.

One of the first customers for the new program, California-based Momentus, will be launching a satellite specifically designed to move other satellites around once they reach space. That launch is set for late 2020.

Momentus said it will provide "last mile" service for other satellites by helping them reach specific orbits. Its satellite shuttle service, or tugboat, is called Vigoride, and also is poised to support more frequent small-satellite deployments.

"We think the cost reduction for SpaceX launches is going to be fantastic, and it will stimulate all kinds of new business in space," said Joel Tercel, the Momentus chief technology officer.

Source:upi

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