Skip to content
Monday 10 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,867.15
-0.31%
DAX
26,402.30
+0.31%
CAC 40
8,716.49
+0.02%
STOXX 50
6,548.83
+0.38%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Tuesday 16 November 2021 4:00 pm  |  Updated:  Tuesday 16 November 2021 4:03 pm

Rideshare for satellites: Exolaunch inks multi-million-dollar deal with SpaceX

By: Millie Turner

Add as a preferred source on Google
SpaceX Falcon-9 Rocket And Crew Dragon Capsule Launches From Cape Canaveral Sending Astronauts To The International Space Station

Launch services and in-space logistics firm Exolaunch has inked a multi-million-dollar deal with tech-billionaire Elon Musk’s SpaceX for a satellite rideshare service.

The deal, which covers two years worth of transporter missions, will see Exolaunch’s customer satellites ferried into space by SpaceX rockets.

Over 95 per cent of Exolaunch’s 3,000kg capacity on the SpaceX missions next year are already booked up – signalling the increasing demand from satellite firms, as it has proven to be more cost effective for smaller start-ups.

London-based start-up SatelliteVu told Morning Wire last week that it too has plans to use a SpaceX rocket to launch one of its infrared, heat imaging satellites next October.

Though Exolaunch’s next SpaceX satellite rideshare mission is scheduled to launch around January next year, from Florida’s Cape Canaveral.

“The global demand for more commercial missions and space-based applications is growing significantly,” Exolaunch CEO Chris Hearsey said.

“SpaceX is an excellent launch provider and their rideshare program is a great way to address smallsat operator’s urgent need for more launches at lower cost.”

An exact figure has yet to be put on the deal.

Read more

IPOs aren’t the new meme stocks

Elon Musk discussing SpaceX investment as Scottish Mortgages largest holding on a business news platform

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Tech

Related Topics

  • SpaceX

Trending Articles

  • Back to basics: Sainsbury’s gradual retreat from the British high street

  • Thames Water faces fresh threat to survival after pensions regulation breach

  • Hargreaves Lansdown orders staff back to office

  • FTSE 100 Live: Stocks drop as US-Iran peace stalls; Oil climbs higher

  • PwC’s Embankment HQ to get major makeover ahead of Canary Wharf move

More from Morning Wire

  • IPOs aren’t the new meme stocks

    Opinion
    Elon Musk discussing SpaceX investment as Scottish Mortgages largest holding on a business news platform
  • SES Reports H1 2026 Results & Reiterates Full-Year Outlook

    Business Wire
  • We reached Mars 50 years ago, why haven’t we sent people?

    Opinion
    Mars One rocket on launchpad, ready for its mission to the red planet
  • Planet Opens London Office, Expanding European Footprint

    Business Wire
  • Scottish Government Selects Planet for AI-Enabled Monitoring to Support Sustainable Agricultural Reform

    Business Wire
  • Barclays profit surges as equity traders cash in on volatility

    Banking
    Barclays bank exterior with logo as it announces mortgage rate cuts amidst upcoming interest rate decision.
  • Don’t hike bank taxes, Barclays warns Burnham

    Banking
    Barclays investment bank income soared in the first quarter.
  • 2PointZero Group Signals Global Scale With Revenue Surge to AED 21.9 Billion and Net Profit of AED 7.7 Billion in H1 2026

    Business Wire
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook