Monday, April 3, 2017

SpaceX Signs Launch Deal with Global-IP

Hawthorne-based SPaceX has signed up yet another customer for its rocket launch business, Cayman Islands-based Global-IP Cayman. Global-IP Cayman, which is working on providing satellite Internet to Sub-Saharan Africa, said it has signed a launch services deal with SpaceX for its first satellite. Financial details of the deal were not announced. Global-IP said the satellite, GiSAT-1, will be its first, and will provide Internet services to Sub-Saharan Africa. Global-IP Cayman said its satellite is being built by The Boeing Company, and that it expects to launch in Q4 of 2018.

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