SpaceX and Iridium Sign $492M Launch Contract
FleaPlus writes "Following up on the successful first launch of their Falcon 9 rocket, SpaceX has signed a $492M deal for launching several dozen satellites for the Iridium NEXT constellation, the biggest commercial launch deal ever (teleconference notes). This is a needed boost for the US launch industry, which has dwindled to a fraction of the international market due to problematic ITAR arms regulations and high costs. SpaceX's next launch is scheduled for later this summer, carrying the first full version of the Dragon reusable capsule, which will run tests in orbit and then splash down off the California coast."
the thing im really excited about is if spacex can get to the point where reusing the first stage merely involves fishing it out of the atlantic after it parachutes down, putting it back on the launch pad, and fuelling it back up. these engines are designed more for reliability, and have proven that through testing through multiple duty cycles. unlike the space shuttle main engines, which require a teardown and rebuild after every flight. we could see the first ever prospect of real reusability, more a car than a dragster in terms of parts wear. especially considering the first stage can complete its mission even with a engine failure at any point during its flight.