📺 Stream EntrepreneurTV for Free 📺

SpaceX Rocket Launches Satellite, Then Lands on Ship at Sea The satellite is designed to provide television, data and mobile communications services to customers across Asia, Russia and Oceania and the Pacific Islands.

By Reuters

entrepreneur daily

This story originally appeared on Reuters

SpaceX
Falcon 9 launch vehicle carrying the JCSAT-14 satellite.

An unmanned SpaceX Falcon 9 rocket blasted off from Florida on Friday to put a communications satellite into orbit, then made a swift return landing on an ocean platform, a live webcast showed.

It was the second successful landing at sea for entrepreneur Elon Musk's Space Exploration Technologies, or SpaceX, which intends to offer cut-rate launch services by re-using its rockets.

"Woohoo!!" Musk wrote on social media website Twitter after the landing. "May need to increase size of rocket storage hangar."

SpaceX successfully landed a rocket on a floating landing pad in April after four failed attempts. Another Falcon rocket had touched down on a ground-based landing pad at Cape Canaveral in December.

Before Friday's launch SpaceX had downplayed expectations for the rocket's successful return.

The rocket flying on Friday was traveling twice as fast as the one that landed last month so it could deliver a hefty television broadcast satellite into an orbit more than 20,000 miles beyond that of the International Space Station, which is about 250 miles above Earth.

The 23-story tall rocket lifted off from a seaside launch pad at Cape Canaveral Air Force Station at 1:21 a.m. EDT.

Perched atop the booster was the JCSAT-14 satellite, owned by the Tokyo-based telecommunications company, SKY Perfect JSAT Corp, a new customer for SpaceX.

About two and a half minutes after launch the rocket's first stage shut down, separated, flipped around and headed toward a so-called drone ship stationed more than 400 miles off Florida's east coast in the Atlantic Ocean.

The rocket's second stage continued flying to deliver the 10,300-pound JCSAT-14 satellite into orbit.

The satellite, built by Space Systems Loral in Palo Alto, Calif., a subsidiary of MacDonald Dettwiler and Associates is designed to provide television, data and mobile communications services to customers across Asia, Russia and Oceania and the Pacific Islands.

Friday's launch was the fourth of more than a dozen flights planned this year by SpaceX, which has a backlog of more than $10 billion worth of launch orders from customers including NASA.

Last week SpaceX won its first contract to launch a U.S. military satellite, breaking a 10-year-old monopoly held by United Launch Alliance, a partnership of Lockheed Martin Corp. and Boeing Co.

(By Irene Klotz; Editing by Clarence Fernandez, Greg Mahlich)

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

'Everyone Is in Complete Shock': A 500-Person Tesla Team Found Out 'in the Middle of the Night' Their Charger Division Was Laid Off

Other car companies that use the technology, such as General Motors and Ford, also weren't expecting the news, according to reports.

Side Hustle

He Started a Salty Backyard Side Hustle That Out-Earned His Full-Time Job and Now Makes Over $1 Million a Year: 'Take the Leap'

In 2011, Kyle Needham turned his passion for oysters into a business that saw consistent monthly revenue "right away."

Business News

There Are Only 6 Major Cities Left in the U.S. With 'Affordable' Homes Matching Median Incomes — Here's the List

Homeownership is not affordable for the typical household in 44 of the 50 largest cities in the U.S.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

James Clear's Atoms App Promises to Help Break Bad Habits and Create Better Ones — Here's How It Works

The app turns Clear's best-selling book, "Atomic Habits," into something actionable.