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Capitalism in space: Because of a launch miscue in January and a decision by India to delay a satellite launch, Arianespace today admitted that it will not meet its forecast of fourteen launches in 2018.
Arianespace, majority-owned by a joint venture of Airbus and Safran, has so far conducted only three launches, but expects a busier second half, CEO Stephane Israel said. He now expects around 11 satellite launches for the year.
There might be a similar number of launches in 2019, but it is too early to give a definitive forecast, Israel said, adding the company was now focusing on gaining customers for the lower cost Ariane 6 rocket due to debut in 2020.
The article states the launch cost for Ariane 6 will be 40% less than Ariane 5, which cost $100 million per satellite. This brings the per satellite price for Ariane 6 to $60 million, about what SpaceX presently charges. Whether that can compete with the prices that SpaceX and others will be charging in 2020, when Ariane 6 is expected to become operational, remains unknown.