Spaceflight Industries to Sell Its Satellite Rideshare Business [The Motley Fool]
MITSUI & CO LTD ADR (MITSY)
US:NASDAQ Investor Relations:
mitsui.com/us
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Source: The Motley Fool
So here's the thing about rocketships: Sometimes, the rocket you've got is bigger than the rocket you need to put the satellite you want into orbit. For example, SpaceX's Falcon 9 reusable rocket has an 8. ton-to-Geosynchronous Transfer Orbit payload capacity. That's big enough to lift a pair of four-ton satellites into orbit, with 00 kilograms of capacity left over. You can fit the payloads of two entire Rocket Lab Electron rockets into just the unused capacity of that single Falcon 9! That is to say, you could Spaceflight Industries Image source: Getty Images. A brief history of Spaceflight (Industries) Founded in 999, privately held Spaceflight Industries (which we'll refer to as "SI" for now on, for reasons that will become clear) created a new business model seven years ago -- one in which it would act as the middleman between satellite owners and suppliers of space launch services. SI would identify rockets with unused capacity, identify satellite companies looking for a way to
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