Swedish satellite company Ovzon has agreed terms with SpaceX to launch a geostationary communications satellite with the constellation Heavy in Q4 of 2020 . The uk - based firm is yet to purchase its first satellite , although procurement is reportedly in its final stages along with an advanced on - orbit processor . It has , however , retained spectrum rights to its orbital slot by paying Eutelsat $ 500 m to move its satellite there . The agreement with SpaceX is subject to contingencies and mutual consent 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.