August 01, 2014 10:57 PM ET

Aerospace and Defense

Company Overview of Space Exploration Technologies Corp.

Company Overview

Space Exploration Technologies Corp., a space transportation company, develops and manufactures launch vehicles and dragon spacecraft. Its customers include NASA, the United States Department of Defense, private aerospace companies, and international commercial and government entities. The company was founded in 2002 and is based in Hawthorne, California. It also has operations in McGregor, Texas, Washington, District of Columbia; Cape Canaveral, Florida; and Kwajalein Atoll in the Marshall Islands.

1 Rocket Road

Hawthorne, CA 90250

United States

Founded in 2002





Key Executives for Space Exploration Technologies Corp.

Age: 42
President and Chief Operating Officer
Chief Financial Officer
Age: 45
Senior Vice President and General Counsel
Senior Vice President of Government Affairs
Compensation as of Fiscal Year 2014.

Space Exploration Technologies Corp. Key Developments

Space Exploration Technologies Launches 6 Second-Generation ORBCOMM Satellites

The 45th Space Wing supported Space Exploration Technologies announced successful launch of their Falcon 9 rocket carrying six second-generation ORBCOMM communications satellites from Space Launch Com plex 40 here at 11 a.m. EDT July 14. The rocket flew in the Falcon 9 v1.1 configuration with upgraded Merlin 1D engines, stretched fuel tanks, and a payload fairing. A combined team of military members, government civilians and contractors from across the 45th Space Wing provided vital launch support to the SpaceX mission, including weather forecasts, launch and range operations, security, safety and public affairs. Built by Sierra Nevada Corporation, the 170 kg satellites will provide a much needed boost in their service capacity. Another will be launched later this year. Each OG2 satellite is the equivalent of six OG1 satellites, providing quicker service, enhancing coverage at higher latitudes and allowing for larger message sizes and increased data rates.

Inmarsat plc Appoints SpaceX for Satellite Launches

Inmarsat plc announced that it has selected SpaceX to provide launch services for its S-band satellite and up to two further Inmarsat missions. Under the terms of its agreement with SpaceX, Inmarsat expects to use the Falcon Heavy launch vehicle, but will retain the possibility of using a Falcon 9 as an alternative, providing further launch flexibility.

SpaceX Unveils Capsule to Ferry Astronauts to Space

A sleek, white gumdrop-shaped space capsule that aims to carry up to seven astronauts to the International Space Station and return to land anywhere on Earth was unveiled by SpaceX. The Dragon V2, short for version two, is the first attempt by a private company to restore Americans' ability to send people to the orbiting space station in the wake of the space shuttle program's retirement in 2011. The shiny Dragon V2 sat on a white stage floor, as a scorched Dragon cargo capsule was suspended above, bearing the blackened markings of a capsule that had returned to Earth from orbit. The company's Dragon capsule in 2012 became the first private spacecraft to carry supplies to the ISS and back.

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