Rocket firm SpaceX is going to take up range of space missions and it’s not certainly related to Mars or sending humans to the space.
SpaceX chief executive Elon Musk, who also heads electric car making company Tesla, has announced that his company will now ferry the world’s smallest satellites to their designated orbits.
Musk has teamed up with former Google executive Greg Wyler on finding a way out to manufacture and launch a fleet of 700 satellites that would weigh less than 250 pounds each, The Wall Street Journal report said on Friday.
SpaceX, which was founded by Musk in 2002, would likely launch 700 satellites into space, making this array over 10 times bigger than the fleet that is operated by the Iridium Communications which is the world’s leading satellite company.
According to the reports, each unit would be around half the size as the smallest commercial device that is in use.
SpaceX has kicked off many payloads into space that also included supplies of space materials to US space agency NASA’s International Space Station (ISS).
The company had in September this year won another contract from NASA which was worth USD 2.6 billion alongside aircraft leader Boeing for the development and further launch of manned spacecrafts carrying US astronauts.
Experts said that the satellite partnership would be an outstanding combination of Wyler’s expertise and spectrum advantage and Musk’s entrepreneurial skills that helps his company to overcome financial and logistical woes.