SpaceX of Elon Musk To Enter New Market
We know companies like Boeing and Lockheed are tough to compete. But that is what Elon Musk had long in plans for SpaceX. SpaceX has now been certified by the US Air Force to launch satellites for the Pentagon.
It is one of the biggest accomplishments for SpaceX which it could get after 13 years of establishment. The company has fought its case very hard to get this certification.
Then what does this mean for ULA (United Launch Alliance – A joint venture of Lockheed Martin, Boeing Defense, and Space & Security)? ULA has previously been providing services to government entities including Department of Defense and NASA. It all started with SpaceX suing the US Air Force in April last year arguing that the bidding process awarded contracts to launch Pentagon satellites, giving it an unfair monopolistic advantage.
This means big things for SpaceX. It is about to compete in a space where there is only one other competitor, ULA. It wasn’t easy realizing that dream. The US Air Force had to spend a whopping $60 million for flight demonstrations and carried out extensive work on technical data to ensure SpaceX’s Falcon 9 was capable of handling such an expensive payload.
Here is what Elon Musk had to say about it.
— Elon Musk (@elonmusk) May 27, 2015