Home / Space Exploration Technology Corporation – SpaceX is ready to Launch

Space Exploration Technology Corporation – SpaceX is ready to Launch

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As the market for delivering payloads to earth orbit continues to grow, several new companies are staking out territories for business. SpaceX is targeting the small to medium payload market, and is preparing to launch their first capsule into orbit within the next four months.

The Falcon series rocket is the brainchild of PayPal co-founder Elon Musk, a man who is so used to success that starting a rocket company didn’t seem far fetched at all. Starting in 2002, SpaceX sprinted into the lead of companies planning to deliver commercial payloads to orbit, and was recently awarded a $100 million contract by the U.S. Air Force/Space and Missile Systems Center for Responsive Small Spacelift (RSS) launch services.

The purpose of this contract will be to provide low cost orbital launch vehicles and responsive (launch 12 months from award of basic contract) launch services, on a recurring basis, using a mature vehicle design and a commercially derived booster to meet mission/payload requirements.

The current cost of getting a payload into orbit ranges from $31 million for a NASA Pegasus launch, and up to $85 million to have your medium weight satellite boosted into orbit aboard a NASA Atlas II-H. Compare this to $5.9 million for a Falcon-I launch, and $15.8 million for a Falcon-V. SpaceX offers a “half bay” flight of the Falcon V for $8.9 million to accommodate customers with payloads in between the lifting capabilities of Falcon I and V.

In order to offer such a dramatically lower cost per launch, SpaceX has established “a flat management structure and singular product focus, resulting in lower overhead costs than other launch vehicle providers and a significant cost advantage for any given rocket design”.

How was SpaceX able to develop their launch vehicle in only 3 years? The company PR literature states that “the rapid development of the Falcon was achieved through an exceptional team of engineers with deep experience in aerospace engineering, combined with uninterrupted financial backing.

I can understand that statement, from a wee distance. PayPal, the online payment system used for auction and commercial web sales payments since 2000, was sold to eBay last year for a cool $1.5 billion dollars, and Mr. Elon ws the largest single shareholder. It seems that things can get done in a hurry if you don’t have to spend half of your time lobbying for funding, or preparing progress reports for Congress.

Falcon I – Laid Out

SpaceX operates three launch locations: Complex 3 West, Vandenberg Air Force Base, California; Complex 36 at Cape Canaveral, Florida; and Omelek in the Marshall Islands. They have five signed contracts. One is with the Secretary of Defense’s Office of Force Transformation and the payload is a US Naval Research satellite. Falcon and this satellite were chosen among other technologies for their potential to transform the Department of Defense.

First Launch is scheduled for no earlier than September, but this may be pushed back due to overflight issues, Falcon I is required to launch after a Titan IV already scheduled for September.

Engine Test – Hot Fire!

I wish this privately held company would go public, because I would buy some of its stock. Backed by one of the men who created an online payment service that fuels my own online business, I have unlimited confidence in SpaceX’s ability to do the job right. When you look beyond the profits and question why he wanted to start a rocket company, Mr. Elon Musk says,

“I created SpaceX to help make humanity a space faring civilization.”

Count me as a loyal fan of Elon Musk and SpaceX. I wish his company the best of fortunes with their upcoming launch, and you know that I’ll be reporting the news here on blogcritics.

Take a a few minutes to look at the company website, truly one of the finest web site designs I’ve ever seen.

Also posted at VERMONT SPACE
(We need more men and women like Elon Musk!)

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About Bennett Dawson

  • Bennett

    Tan – I think there will always be projects that are beyond the scope of a private company. So much of the pure research and discovery is not a “for profit” endevour, so it is best performed by NASA.

    The nuts and bolts of delivering satellites, people, and supplies into orbit is well within reach of private enterprize, and at a much lower cost to the buyer. That’s you and me, and our tax dollars.

    I wish SpaceX well.

  • Great news. Hopefully this might speak the end of NASA or at least a huge overhaul. If it could save 30% of the money it spends, then we would have a lot more progress.