SpaceX Launch Achieves Geostationary Transfer Orbit
SpaceX launched a Falcon 9 rocket this afternoon in a bid to deliver a large commercial satellite into geostationary orbit. The flight was successful: "Approximately 185 seconds into flight, Falcon 9’s second stage’s single Merlin vacuum engine ignited to begin a five minute, 20 second burn that delivered the SES-8 satellite into its parking orbit. Eighteen minutes after injection into the parking orbit, the second stage engine relit for just over one minute to carry the SES-8 satellite to its final geostationary transfer orbit. The restart of the Falcon 9 second stage is a requirement for all geostationary transfer missions." This is a significant milestone for SpaceX, and it fulfills another of the three objectives set forth by the U.S. Air Force to certify SpaceX flights for National Security Space missions.
The United States relies too much on ULA for its space-launch, ULA has easily raised its price and the tax-payers ended up having to cough up the dough.
FTFY. This is the first commercial satellite launched in the US since November 23, 2009 when Intelsat 14 launched on an Atlas V from LC-41.
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that existing space providers are in big trouble.
Even the Chinese are quaking in their boots, as they can't do it as cheaply as SpaceX. And EADS is frantically redesigning their new Ariane 6 to try to be more cost competitive with the Falcon.
SpaceX has completely rocked the space industry upside down, and A LOT of naysayers need to eat crow now. As recently as 2012 (see this article), managers at NASA were poo-pooing Elon saying rockets are hard and noobs shouldn't try.