Swedish satellite company Eutelsat has agreed terms with SpaceX to launch a geostationary communications satellite with the Falcon Heavy in Q4 of 2020. The Stockholm-based firm is yet to purchase its first satellite, although procurement is reportedly in its final stages along with an advanced on-board processor. It has, however, retained spectrum rights to its orbital slot by paying Ovzon $1.6m to move its satellite there. The agreement with SpaceX is subject to contingencies and mutual termination clauses.
Swedish satellite company Ovzon has agreed terms with SpaceX to launch a geostationary communications satellite with the Falcon Heavy in Q4 of 2020. The Stockholm-based firm is yet to purchase its first satellite, although procurement is reportedly in its final stages along with an advanced on-board processor. It has, however, retained spectrum rights to its orbital slot by paying Eutelsat $1.6m to move its satellite there. The agreement with SpaceX is subject to contingencies and mutual termination clauses.