SpaceX Will Now Offer Rocket a Rideshare Program for Satellites
Daniel Johnson — August 7, 2019 — Business
SpaceX will launch a rocket rideshare program for small size satellites. This would enable third-party companies to enter an agreement to launch a satellite on a SpaceX Falcon 9 rocket. The program is called the SmallSat Rideshare Program. Companies can access the rocket rideshare program for an approximate cost of $2.25 million for a satellite weighing in at under 330 pounds. Heavier satellites, which weigh up to 660 pounds, will cost $4.5 million.
The first SpaceX rideshare missions will be scheduled for November of 2020 and March of 2021.
Rocket rideshares are becoming a more common practice as satellite technology continues to shrink in size. This makes satellites easier to put into orbit and cheaper for companies to purchase.
Image Credit: SpaceX
The first SpaceX rideshare missions will be scheduled for November of 2020 and March of 2021.
Rocket rideshares are becoming a more common practice as satellite technology continues to shrink in size. This makes satellites easier to put into orbit and cheaper for companies to purchase.
Image Credit: SpaceX
Trend Themes
1. Rocket Rideshare Program - The rise of rocket rideshare programs is disrupting the satellite industry, allowing small companies to enter the space race at a lower cost.
2. Smallsat Technology - The trend towards smaller, lighter satellites is creating new opportunities in space technology for startups and established companies alike.
3. Commercial Space Launches - The growing demand for commercial space launches is driving innovation in rocket and satellite technology, creating new business opportunities for those in the industry.
Industry Implications
1. Satellite Industry - The rise of rocket rideshare programs and small satellite technology is disrupting the traditional satellite industry and creating new opportunities for startups and established companies.
2. Space Technology - The trend towards smaller, lighter satellites is driving innovation in space technology and creating new opportunities for companies in the aerospace sector.
3. Rocket Launch Industry - The growing demand for commercial space launches is creating new business opportunities for companies in the rocket launch industry, particularly as rocket rideshare programs become more popular.
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