Elon Musk’s SpaceX has signed its first customer to use a previously flown rocket, with launch planned for later this year, the companies said.
The launch for Luxembourg-based satellite operator SES will mark the first commercial reuse of a Falcon 9 rocket, which is crucial to efforts by technology entrepreneur Mr Musk’s Space Exploration Technologies to reduce the cost of space launches.
Terms of the deal were not disclosed. The SpaceX president Gwynne Shotwell previously said the company was targeting a 30 per cent discount for launches aboard previously flown rockets, which would bring the price down to about US$43 million per flight, a fraction of what competitors charge.
SpaceX has so far landed six Falcon 9 rockets and will attempt to land its seventh after Saturday’s scheduled launch in Florida of a communications satellite.
“We believe reusable rockets will open up a new era of spaceflight, and make access to space more efficient in terms of cost and manifest management,” said Martin Halliwell, the SES chief technology officer.
SES, which in 2013 became SpaceX’s first commercial customer, plans to launch its SES-10 communications satellite on a used Falcon 9 rocket in late 2016.
The rocket previously flew in April to send a cargo ship on its way to the International Space Station for Nasa, said the SpaceX spokesman John Taylor.
“Re-launching a rocket that has already delivered spacecraft to orbit is an important milestone on the path to complete and rapid reusability,” Mr Shotwell said.
Mr Musk founded SpaceX in 2002 with the goal of slashing launch costs to make travel to Mars affordable. The company plans to fly its first unmanned spacecraft to Mars in 2018 and send humans to Mars as early as 2024.
Mr Musk is expected to unveil details of his Mars programme at the International Astronautical Congress in Guadalajara, Mexico, next month.
SpaceX’s major competitors are United Launch Alliance, a partnership of Lockheed Martin and Boeing, and Europe’s Arianespace.
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TRAP
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Cricket World Cup League 2
UAE squad
Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind
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Friday, November 1 – Oman v UAE
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Saturday, November 9 – Netherlands v UAE
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More than 2.2 million Indian tourists arrived in UAE in 2023
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Indian residents in UAE can use their non-resident NRO and NRE accounts held in Indian banks linked to a UAE mobile number for UPI transactions
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Kaala
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Our legal advisor
Ahmad El Sayed is Senior Associate at Charles Russell Speechlys, a law firm headquartered in London with offices in the UK, Europe, the Middle East and Hong Kong.
Experience: Commercial litigator who has assisted clients with overseas judgments before UAE courts. His specialties are cases related to banking, real estate, shareholder disputes, company liquidations and criminal matters as well as employment related litigation.
Education: Sagesse University, Beirut, Lebanon, in 2005.
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Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
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