“In view of capacity constraints in the satellite launch market, Inmarsat believes that securing optionality today is an important business safeguard, ” Pearce said Wednesday.
The agreement includes the launch of Inmarsat’s S-band satellite payload, for which SpaceX will work with Hellas-Sat to cover the launch vehicle cost.
Two other potential missions are for the Inmarsat-5 spare satellite, to be launched by mid-2016, and the future Inmarsat-6 satellite to be launched by the end of this decade.
Inmarsat said the agreements are intended to ensure a launch date and establish potential costs while the planning stage is in progress.