SpaceX Bags Contract of Launching NASA Satellite for Surface Water & Oceanic Movement Surveillance

Securing the launch contract for NASA’s highly-valued project is expected to elevate the status of the aerospace corporation and restore the faith of the esteemed research agency in it after Florida launch pad explosion incidence.

Space Exploration Technologies Corporation, commonly recognised as SpaceX, has affirmed the news of acquiring a contract to launch a satellite developed by National Aeronautics and Space Administration (NASA). Helmed by tech genius and billionaire Elon Musk, SpaceX has secured the launch contract for NASA’s satellite, which is being developed under Surface Water and Ocean Topography (SWOT) mission.

Details of the contract amount aren’t disclosed as the reputable aerospace research agency has underlined the significance of “procurement of sensitive information.” The satellite is slated for launch in early-2021 at California’s Vandenberg Air Force Base where it will be mounted atop a SpaceX Falcon 9 rocket. Upon deployment into atmosphere, the satellite will commence surveillance of oceanic movements and capturing high-resolution images of surface water activities on Earth.

Business-wise, the launch of SWOT satellite is likely to cost NASA above US$ 100 million, with expenses of spacecraft processing, launch service, and additional assistance beyond SpaceX services included. SpaceX has issued a statement expressing its excitement to “carry this critical science payload into orbit.” Commenting on this novel venture, Gwynne Shotwell, SpaceX President, added how the company appreciates “NASA’s partnership and confidence in SpaceX as a launch provider.” The SWOT mission satellite make its way into a list of NASA launch contracts procured by Space X since 2014. Beginning with over a US$ 3 billion contract for developing crew capsule that conveys astronauts to International Space Station, and launching Jason-3 satellite in January for calibrating ocean surface heights, SpaceX has now become a steadfast, devoted confederate for the space research agency.

Forlornly, the Hawthorne-based aerospace corporation suffered major setbacks and had to sojourn the launch of its Falcon 9 rockets after explosion of a commercial communication satellite took place on the Florida launch pad in September. The company has induced extensive investigation into the cause of explosion and is likely to get the problem fixed before resuming launches in December.

About Shambhu Nath Jha 20 Articles
Shambhu Nath Jha with an experience nearing a decade, has helped over 50 large and medium to small business enterprise to foray into new markets, increase footprint in the existing bucket and understand the nature of the beast. These beasts are the companies that have been primarily engaged in chemicals, material or packaging activities, and encountering challenge either in maintain P&L or staying ahead of their competitors. He has authored over 300 industry research papers consisting critical information such as market growth, total addressable market, serviceable addressable market, market size, forecast, player strategies, market share estimates and winning imperatives along with recommendations. He is also the pioneer of “three slope distributor/off-taker evaluation model” used by several multinational companies to track the performance of channel partners. A consultant by profession, writer by mood and explorer by desire, Shambhu Nath is currently employed with a London based market research and consulting firm as a full time consultant. A few of the industry verticals where he demonstrated his skill includes water and wastewater treatment chemicals, high purity alumina, water purifiers, activated carbon, chloramine filters, bio-based bioplastics, water purifiers, textile chemicals etc.