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Iridium already employs SpaceX for their launches.
by aportnoy 8y ago
Iridium already employs SpaceX for their launches.
- dzhiurgis 8y agoWhat's perplexing is why Iridium is not doing way more. They are essentially just letting SpaceX to cannibalise them. Sure, they don't have fancy rockets, but still can scale their satellite net before Elon catches up with sat tech or outsource launches to even cheaper Indian launch provider. p.s. the story of Iridium and how they recovered is quite amazing.
- Scoundreller 8y agoI think the more amazing part of Iridium’s story is that they got the money to launch their constellation in the first place. It’s crushing debt and inevitable bankruptcy with the assets being acquired for something like 1/20th of a cent on the dollar was to be expected really.
- manquer 8y agoIridium is around now. Both their next gen and the old gen. SpaceX will take atleast 5-7 years to get full coverage. The customer base of iridium is very different than what SpaceX is targeting.. there should be room for more than one player