The competition heats up: SpaceX has signed a contract with MDA to launch all three of Canada’s next generation Radarsat satellites.
MDA’s willingness to go with SpaceX prior to the September 5 launch of its Cassiope satellite on the Falcon 9 illustrates again the confidence they have in SpaceX. At the same time, this contract is for launches expected to occur around 2018, which is a long way away. Much can happen till then, including the possibility that SpaceX will go bust.
In other words, right now it is the successful launch of Falcon 9 that is of significance, not these new contracts. Only if those launches succeed will these contracts then become really significant.