September 9, 2010
FOR IMMEDIATE RELEASE
Contact:
Kir
September 9, 2010
FOR IMMEDIATE RELEASE
Contact:
Kirstin Brost
SpaceX
[log in to unmask]
SpaceX and EADS Astrium Announce Agreement to Bring Falcon 1 Launch Capabilities
to the European Institutional Market
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HAWTHORNE, CA – Today Space Exploration Technologies (SpaceX) and Astrium
announced a commercial agreement to provide dedicated launch services to the
European institutional small satellite market.
Under the agreement, Astrium intends to work with SpaceX to market Falcon 1
launch capabilities to various space agencies and other institutional customers
in Europe for launches to take place through 2015.
With dedicated launch services, customers with very small payloads can launch
independently to low-Earth orbit, giving them greater control over launch and
launch schedule. With the Falcon 1, these services can be provided at the
world's lowest cost per flight when compared to any other launch service
provider.
"I am proud that such a prominent European leader in space transportation,
satellite systems and services would choose to team with SpaceX," said Elon
Musk, SpaceX CEO and CTO. "Our agreement with Astrium opens exciting new doors
for SpaceX. Together we will meet the growing demand for reliable, low-cost and
dedicated launch services for very small Earth observation and scientific
payloads for European institutional customers."
Falcon launch vehicles are designed to provide breakthrough advances in
reliability, cost, and time to launch. The primary design driver is reliability
— nothing is more important than getting a customer's spacecraft safely to its
intended destination.
About SpaceX
Space Exploration Technologies Corp. is developing a family of launch vehicles
and spacecraft that will increase reliability and performance of space
transportation, while ultimately reducing costs by a factor of ten. With the
Falcon 1 and Falcon 9 rockets, SpaceX currently has a diverse manifest to
deliver commercial satellites to orbit. In addition, the Falcon 9 and SpaceX's
Dragon spacecraft are under contract with NASA to carry cargo, including live
plants and animals, to and from the International Space Station. Since its
inception, Dragon has been developed to accommodate crew.
Founded in 2002, SpaceX is a private company owned by management and employees,
with minority investments from Founders Fund and Draper Fisher Jurvetson. The
company has over 1,100 employees in California, Texas and Florida. For more
information, and to watch the video of the first Falcon 9 launch, visit the
SpaceX website at SpaceX.com.
For more on Astrium visit http://www.astrium.eads.net/.
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