SpaceX Targets European Satellite Market

Hawthorne-based SpaceX, the commercial rocket firm headed by Elon Musk and backed by the Founders Fund and Draper Fisher Jurvetson, said today that it has inked a deal with Astrium to provide dedicated launch serviecs to the European institutional small satellite market. According to SpaceX and Astrium, Astrium will work with SpaceX to market the Falcon 1 launch capabilities to space agencies and other customers in Europe, for launches starting in 2015. Financial details of the deal between SpaceX and Astrium were not announced.