New launch contracts for SpaceX and ILS

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The competition heats up: Launch competitors SpaceX and ILS announced new contracts today for launching commercial satellites into orbit.

SpaceX announced two new contracts, one from the Spanish communications company Hispasat, who signed them up to use a Falcon 9, and a second from the Saudia Arabian communications company Arabsat for a Falcon Heavy launch.

ILS meanwhile got its own contract from Hispasat to use a Proton to put another Hispasat communcations satellite into orbit.

The two Hispasat contracts show the advantages of competition for satellite makers. They now have more than one company to choose from, and are spreading their business around to give them options while encouraging these companies to compete against each other by lowering prices.

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