TYSONS CORNER, VA, July 20, 2016 — Thales Alenia Space and Orbital ATK (NYSE: OA) have completed construction on 81 communications satellites for IridiumÂ Communications‘Â (Nasdaq: IRDM) IridiumÂ NEXTÂ mobile communications network, ExecutiveBiz reported Thursday.
Spaceflight Now reportedÂ July 13Â that the satellites are ready to be delivered to Vandenberg Air Force Base, where theyÂ will be fueled and integratedÂ into SpaceX‘sÂ Falcon 9Â rockets before the launch on Sept. 11.
Iridium CEOÂ Matt Desch, who is an inductee into Executive Mosaic‘s Wash100 for 2016, Â said the 81-satellite purchase represents approximatelyÂ $2.2 billion of the program cost, while the seven Falcon 9 rockets in the launch contract cost $492 million in 2010, Â according to the report.
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