SpaceX 02/22 Launch - PAZ Mission

Phr3121

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On Thursday, February 22, Falcon 9 successfully launched the PAZ satellite to low-Earth orbit from Space Launch Complex 4 East (SLC-4E) at Vandenberg Air Force Base in California. The instantaneous launch opportunity happened at 6:17 a.m. PST and the PAZ satellite was deployed approximately eleven minutes after launch.

"Companies and governments spend huge sums to get things into space, but an average of about 1 in 20 launches will fail. That's why many of today's launches — especially those putting commercial satellites into orbit — are covered by space insurance policies to prevent catastrophic financial losses.

But insuring a payload on the tip of a rocket is entirely different from insuring a home, boat or car. There are only about 50 insured launches each year paying about $750 million in premiums to a handful of companies. If just a few big accidents pile up, there is a real risk of the industry ending up in the red."

Story: http://www.spacex.com/sites/spacex/files/paz_press_kit_2.21.pdf

 
I'm out of the loop. What's all this hype behind space x? NASA already sent satellites to the moon.
 
I'm out of the loop. What's all this hype behind space x? NASA already sent satellites to the moon.

I take it you are living in a cabin in the woods of Montana? :)

. Ok, NASA landed a man on the moon in 1969.

. 'SpaceX' is a private American aerospace manufacturer and space transport services company headquartered in Hawthorne, California. It was founded in 2002 by entrepreneur Elon Musk with the goal of reducing space transportation costs and enabling the colonization of Mars. SpaceX has since developed the Falcon launch vehicle family and the Dragon spacecraft family, which both currently deliver payloads into Earth orbit.

. 'Blue Origin' is an American privately funded aerospace manufacturer and spaceflight services company set up by Amazon.com founder Jeff Bezos with its headquarters in Kent, Washington. The company is developing technologies to enable private human access to space with the goal to dramatically lower costs and increase reliability. Blue Origin is employing an incremental approach from suborbital to orbital flight, with each developmental step building on its prior work.

NASA is still in the game with its Delta IV Heavy rocket:
 
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