{"slug":"spacex","name":"스페이스X","name_en":"SpaceX","ticker":"SPCX","updated_at":"2026-07-12T04:48:26.849426+00:00","canonical":"https://valuechain.wiki/spacex","same_as":["https://finance.yahoo.com/quote/SPCX","https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1181412"],"citable":"밸류체인 그래프 기준 스페이스X의 직접 연결 기업은 14곳(관계 기준 공급 1·매출 14)이고, 사슬을 2차까지 넓히면 23곳에 닿는다. 링크의 근거 출처는 32건이며 그중 1차공시가 5건이다 (valuechain.wiki, 2026-07-12 기준).","citable_en":"Per the valuechain.wiki graph, SpaceX is directly linked to 14 companies (1 supply, 14 revenue relationships) and reaches 23 companies within two hops; the links are backed by 32 dated sources, 5 of them primary filings (as of 2026-07-12).","kicker":"발사·스타링크·Starship (xAI 합병)","kicker_en":"Launch, Starlink and Starship (merged with xAI)","lead":"스페이스X는 발사 서비스와 스타링크 위성통신을 지배하는 우주 기업으로, 2026년 2월 xAI를 합병(합산 가치 1조2,500억 달러)하고 6월 12일 나스닥에 상장(티커 SPCX)해 사상 최대인 750억 달러를 조달했다. 2025년 매출 187억 달러(+43%) 중 스타링크가 114억 달러(61%), 발사·개발이 41억 달러다. 2025년 165회 궤도 발사로 6년 연속 기록을 세웠고, NSSL 12회 중 11회와 NASA ISS 유인·화물 5회 전부를 수행한 미 정부의 1차 발사 사업자다. 약 9,600기의 스타링크 위성으로 164개 시장에서 1,000만 이상 가입자를 서비스한다.","lead_en":"SpaceX dominates launch services and Starlink satellite communications; it merged with xAI in February 2026 (combined value $1.25 trillion) and listed on Nasdaq on June 12, 2026 (ticker SPCX), raising a record $75 billion. Of 2025 revenue of $18.7 billion (up 43%), Starlink contributed $11.4 billion (61%) and launch/development $4.1 billion. It set a sixth straight record with 165 orbital launches in 2025 and is the US government's primary launch provider, flying 11 of 12 NSSL missions and all five NASA ISS crew and cargo missions. About 9,600 Starlink satellites serve 10+ million subscribers across 164 markets.","segments":{"parts":[{"name":"Starlink (소비자·기업·정부 광대역)"},{"name":"Launch (Falcon·Starship)"},{"name":"Starshield (정부 위성)"},{"name":"xAI (Grok, 2026 합병)"}],"total":"FY2025 매출 $18.7B (+43%)","concentration":"스타링크 61%·발사 22%; 미 정부가 최대 단일 고객군"},"segments_en":{"parts":[{"name":"Starlink (consumer, enterprise, government broadband)"},{"name":"Launch (Falcon, Starship)"},{"name":"Starshield (government satellites)"},{"name":"xAI (Grok, merged 2026)"}],"total":"FY2025 revenue $18.7B (+43%)","concentration":"Starlink 61%, launch 22%; US government the largest customer group"},"returns_yearly":{"2026":0.7},"return_asof":"2026-07-02","value_chain":{"leading":[{"slug":"textron","name":"텍스트론","name_en":"Textron","tier":3,"returns_yearly":{"2021":59.9,"2022":-8.2,"2023":13.7,"2024":-4.8,"2025":14.1,"2026":4.3}},{"slug":"airbus","name":"에어버스","name_en":"Airbus","tier":3,"returns_yearly":{"2021":34.8,"2022":3.9,"2023":30.5,"2024":15,"2025":18.3,"2026":3.9}},{"slug":"boeing","name":"보잉","name_en":"Boeing","tier":3,"returns_yearly":{"2021":-6,"2022":-5.4,"2023":36.8,"2024":-32.1,"2025":22.7,"2026":2.4}},{"slug":"leonardo","name":"Leonardo","name_en":"Leonardo S.p.A.","tier":3,"returns_yearly":{"2021":11.3,"2022":50.3,"2023":73.6,"2024":89.1,"2025":88.1,"2026":-6.8}},{"slug":"kai","name":"한국항공우주산업 (KAI)","name_en":"Korea Aerospace Industries","tier":3,"returns_yearly":{"2021":15.4,"2022":34.6,"2023":7,"2024":5.5,"2025":217.9,"2026":-14}},{"slug":"garmin","name":"가민","name_en":"Garmin","tier":2,"returns_yearly":{"2021":15.9,"2022":-30.2,"2023":43.1,"2024":63.3,"2025":-0.1,"2026":20.8}},{"slug":"apple","name":"Apple","name_en":"Apple","tier":2,"returns_yearly":{"2021":34.6,"2022":-26.4,"2023":49,"2024":30.7,"2025":9.1,"2026":16.2}},{"slug":"lockheed-martin","name":"Lockheed Martin","name_en":"Lockheed Martin","tier":2,"returns_yearly":{"2021":3.2,"2022":40.5,"2023":-4.3,"2024":10,"2025":2.5,"2026":9.5}},{"slug":"rtx","name":"RTX","name_en":"RTX","tier":2,"returns_yearly":{"2021":23.3,"2022":20,"2023":-14.4,"2024":40.8,"2025":61.4,"2026":7.6}},{"slug":"l3harris","name":"L3해리스","name_en":"L3Harris","tier":2,"returns_yearly":{"2021":15,"2022":-0.5,"2023":3.7,"2024":1.9,"2025":42.3,"2026":-0.2}},{"slug":"iridium","name":"이리듐","name_en":"Iridium Communications","tier":1,"returns_yearly":{"2021":5,"2022":24.5,"2023":-19.1,"2024":-28.1,"2025":-38.5,"2026":190.7}},{"slug":"satellogic","name":"새틀로직","name_en":"Satellogic","tier":1,"returns_yearly":{"2022":-68.6,"2023":-42.6,"2024":62.9,"2025":-34.4,"2026":142.8}},{"slug":"viasat","name":"바이어샛","name_en":"Viasat","tier":1,"returns_yearly":{"2021":36.4,"2022":-28.9,"2023":-11.7,"2024":-69.6,"2025":304.9,"2026":113.5}},{"slug":"blacksky","name":"블랙스카이","name_en":"BlackSky Technology","tier":1,"returns_yearly":{"2021":-57.1,"2022":-65.7,"2023":-9.1,"2024":-3.7,"2025":73.8,"2026":33.4}},{"slug":"planet-labs","name":"플래닛랩스","name_en":"Planet Labs","tier":1,"returns_yearly":{"2022":-29.3,"2023":-43.2,"2024":63.6,"2025":388.1,"2026":32.1}},{"slug":"globalstar","name":"글로벌스타","name_en":"Globalstar","tier":1,"returns_yearly":{"2021":241.2,"2022":14.7,"2023":45.9,"2024":6.7,"2025":96.6,"2026":31.2}},{"slug":"deere-company","name":"디어 앤 컴퍼니","name_en":"Deere & Company","tier":1,"returns_yearly":{"2021":28.9,"2022":26.6,"2023":-5.5,"2024":7.6,"2025":11.4,"2026":26.7}},{"slug":"ses","name":"SES","name_en":"SES S.A.","tier":1,"returns_yearly":{"2021":2.8,"2022":10.6,"2023":-13,"2024":-36,"2025":141.5,"2026":15.8}},{"slug":"firefly-aerospace","name":"파이어플라이 에어로스페이스","name_en":"Firefly Aerospace","tier":1,"returns_yearly":{"2026":7.7}},{"slug":"eutelsat","name":"유텔샛","name_en":"Eutelsat Group","tier":1,"returns_yearly":{"2021":17.8,"2022":-30.7,"2023":-51.8,"2024":-48.9,"2025":32.1,"2026":3.2}},{"slug":"intuitive-machines","name":"인튜이티브 머신스","name_en":"Intuitive Machines","tier":1,"returns_yearly":{"2022":3.7,"2023":-74.4,"2024":610.8,"2025":-10.6,"2026":-0.6}},{"slug":"northrop-grumman","name":"노스럽 그러먼","name_en":"Northrop Grumman","tier":1,"returns_yearly":{"2021":29.3,"2022":43,"2023":-12.8,"2024":1.9,"2025":23.6,"2026":-4.6}},{"slug":"sidus-space","name":"사이더스 스페이스","name_en":"Sidus Space","tier":1,"returns_yearly":{"2023":-91.9,"2024":-44.4,"2025":-35.9,"2026":-31.2}}],"benefiting":[{"slug":"stmicroelectronics","name":"ST마이크로일렉트로닉스","name_en":"STMicroelectronics","tier":1,"returns_yearly":{"2021":32.4,"2022":-26.8,"2023":41.7,"2024":-49.7,"2025":5.3,"2026":176.6}},{"slug":"cohu","name":"코후","name_en":"Cohu","tier":2,"returns_yearly":{"2021":-0.2,"2022":-15.9,"2023":10.4,"2024":-24.6,"2025":-12.8,"2026":141.4}},{"slug":"wolfspeed","name":"울프스피드","name_en":"Wolfspeed","tier":2,"returns_yearly":{"2026":102.7}},{"slug":"cadence","name":"Cadence Design Systems","name_en":"Cadence Design Systems","tier":2,"returns_yearly":{"2021":36.6,"2022":-13.8,"2023":69.6,"2024":10.3,"2025":4,"2026":22.9}},{"slug":"synopsys","name":"Synopsys","name_en":"Synopsys","tier":2,"returns_yearly":{"2021":42.1,"2022":-13.4,"2023":61.3,"2024":-5.7,"2025":-3.2,"2026":-5.2}}],"analysis":"스페이스X의 논지는 발사와 스타링크 양쪽을 지배하는 수직통합 우주 인프라라는 위치다. 로켓 엔진·기체·위성 대부분을 내재화해 재사용 발사로 원가를 낮췄고, 2025년 165회 발사로 6년 연속 기록을 세우며 미 정부 1차 발사 사업자(NSSL 12회 중 11회·NASA ISS 5회 전부)가 됐다. 매출의 축은 스타링크로, 약 9,600기 위성으로 164개 시장 1,000만+ 가입자에 광대역을 팔아 2025년 매출 114억 달러(61%)를 낸다 — 발사가 원가 우위를, 스타링크가 반복 매출을 대는 구조다. 2026년 2월 xAI 합병(합산 1조2,500억 달러)·6월 나스닥 상장($750억 조달)으로 AI·자본을 결합했다. 그래프상 이 노드는 위성·달착륙선 사업자 대부분의 발사를 대는 우주 사슬의 병목이다. 재평가 트리거는 Starship 상업화, 스타링크 가입자·현금흐름, 그리고 xAI 시너지다.","analysis_en":"SpaceX's thesis is its position as vertically integrated space infrastructure dominating both launch and Starlink. Internalizing most engines, airframes and satellites, it cut costs through reusable launch, set a sixth straight record with 165 launches in 2025 and became the US government's primary launch provider (11 of 12 NSSL, all five NASA ISS missions). Its revenue axis is Starlink, which sells broadband to 10M+ subscribers across 164 markets over ~9,600 satellites for $11.4B (61%) in 2025 — launch provides the cost advantage while Starlink provides recurring revenue. The February 2026 xAI merger (combined $1.25tn) and June Nasdaq listing ($75B raised) fused AI and capital. On the graph this node is the bottleneck fueling most satellite and lunar-lander operators' launches. Re-rating triggers are Starship commercialization, Starlink subscribers and cash flow, and xAI synergies.","analysis_asof":"2026-07-02"},"edges":[{"direction":"revenue","counterparty":"스타링크 가입자·기업 (광대역)","counterparty_slug":null,"confidence":"high","metric":{"type":"revenue","unit":"USD million","as_of":"2025-12-31","basis":"스타링크 매출(총매출의 61%)","value":11400,"period":"FY2025","basis_en":"Starlink revenue (61% of total)"},"note":"스타링크는 약 9,600기의 저궤도 위성으로 164개 시장의 소비자·기업·정부 고객에게 광대역을 판다. 2025년 매출 114억 달러(+48%)로 회사 전체의 61%를 차지하는 최대 사업이며, 가입자는 2026년 초 1,000만을 넘었다.","note_en":"Starlink sells broadband to consumer, enterprise and government customers across 164 markets over ~9,600 LEO satellites. FY2025 revenue of $11.4 billion (up 48%) is 61% of the company, with subscribers passing 10 million in early 2026.","sources":[{"stance":"confirms","publisher":"미국 증권거래위원회(SEC EDGAR)","publisher_en":"U.S. SEC (EDGAR)","kind":"filing","lang":"en","published_at":"2026-06-12","url":"https://www.sec.gov/Archives/edgar/data/1181412/000162828026042639/spaceexplorationtechnologi.htm","title":"Space Exploration Technologies Corp. 상장 프로스펙터스 (424B4)","title_en":"Space Exploration Technologies Corp. Prospectus (Form 424B4)","excerpt":"We also operate a high-speed, low-latency global broadband data and communications network powered by approximately 9,600 Starlink broadband and mobile satellites in Low-Earth Orbit, delivering connectivity to millions of consumer, enterprise, and government customers across 164 countries, territories, and other markets, as of March 31, 2026.","excerpt_en":"We also operate a high-speed, low-latency global broadband data and communications network powered by approximately 9,600 Starlink broadband and mobile satellites in Low-Earth Orbit, delivering connectivity to millions of consumer, enterprise, and government customers across 164 countries, territories, and other markets, as of March 31, 2026."},{"stance":"confirms","publisher":"머니투데이","publisher_en":"Money Today","kind":"news","lang":"ko","published_at":"2026-06-12","url":"https://www.mt.co.kr/world/2026/06/12/2026061217333652639","title":"스페이스X 거래는 몇 시부터?…주가는 얼마나 오를까[오미주]","title_en":"When does SpaceX start trading, and how far can the stock rise?","excerpt":"스페이스X는 공모가를 주당 135달러로 확정하고 나스닥에서 티커 SPCX로 거래를 시작한다. 이번 공모 규모는 750억달러로 사상 최대다.","excerpt_en":"SpaceX fixed its IPO price at $135 per share and starts trading on Nasdaq under ticker SPCX; at $75 billion the offering is the largest ever."},{"stance":"confirms","publisher":"NPR","publisher_en":"NPR","kind":"news","lang":"en","published_at":"2026-06-11","url":"https://www.npr.org/2026/06/11/nx-s1-5853199/spacex-ipo-price-elon-musk","title":"SpaceX blasts off with a record-breaking $75 billion IPO","title_en":"SpaceX blasts off with a record-breaking $75 billion IPO","excerpt":"The rocket company raised $75 billion in its initial public stock offering... priced its IPO of 555,555,555 shares at $135 each.","excerpt_en":"The rocket company raised $75 billion in its initial public stock offering... priced its IPO of 555,555,555 shares at $135 each."}]},{"direction":"revenue","counterparty":"미 정부·국방 (NSSL·Starshield)","counterparty_slug":null,"confidence":"high","metric":{"type":"contract_value","unit":"USD million","as_of":"2025-04-04","basis":"NSSL Phase 3 Lane 2 배정(Starshield NRO $1.8B 별도)","value":5900,"period":"2027~2032 (28회)","basis_en":"NSSL Phase 3 Lane 2 allocation (Starshield NRO $1.8B separate)"},"note":"미 우주군 NSSL Phase 3 Lane 2에서 3사 중 최대 몫(28회, 최대 59억 달러)을 배정받았고 2025년 NSSL 12회 중 11회를 발사했다. Starshield 부문은 NRO와 18억 달러 정찰위성 계약(2021)으로 수백 기의 저궤도 정찰망을 구축 중이다.","note_en":"SpaceX won the largest share of US Space Force NSSL Phase 3 Lane 2 (28 missions, up to $5.9 billion) and flew 11 of 12 NSSL missions in 2025; its Starshield unit builds a multi-hundred-satellite LEO reconnaissance network under a $1.8 billion 2021 NRO contract.","sources":[{"stance":"confirms","publisher":"미국 증권거래위원회(SEC EDGAR)","publisher_en":"U.S. SEC (EDGAR)","kind":"filing","lang":"en","published_at":"2026-06-12","url":"https://www.sec.gov/Archives/edgar/data/1181412/000162828026042639/spaceexplorationtechnologi.htm","title":"Space Exploration Technologies Corp. 상장 프로스펙터스 (424B4)","title_en":"Space Exploration Technologies Corp. Prospectus (Form 424B4)","excerpt":"We are the primary launch provider for the U.S. government. In 2025, we launched 11 of 12 National Security Space Launch (\"NSSL\") medium and heavy lift missions and all five U.S. crew and cargo missions to the International Space Station for NASA.","excerpt_en":"We are the primary launch provider for the U.S. government. In 2025, we launched 11 of 12 National Security Space Launch (\"NSSL\") medium and heavy lift missions and all five U.S. crew and cargo missions to the International Space Station for NASA."},{"stance":"confirms","publisher":"Spaceflight Now","publisher_en":"Spaceflight Now","kind":"news","lang":"en","published_at":"2025-04-05","url":"https://spaceflightnow.com/2025/04/05/u-s-space-force-awards-13-7-billion-in-new-national-security-launch-contracts-to-blue-origin-spacex-and-ula/","title":"U.S. Space Force awards $13.7 billion in new national security launch contracts to Blue Origin, SpaceX and ULA","title_en":"U.S. Space Force awards $13.7 billion in new national security launch contracts to Blue Origin, SpaceX and ULA","excerpt":"SpaceX received the largest share of the National Security Space Launch Phase 3 Lane 2 contracts, valued at up to $5.9 billion for 28 missions between 2027 and 2032.","excerpt_en":"SpaceX received the largest share of the National Security Space Launch Phase 3 Lane 2 contracts, valued at up to $5.9 billion for 28 missions between 2027 and 2032."}]},{"direction":"revenue","counterparty":"NASA (Commercial Crew·CRS·HLS)","counterparty_slug":null,"confidence":"high","metric":{"type":"contract_value","unit":"USD million","as_of":"2022-11-15","basis":"아르테미스 유인 달착륙선(Starship HLS) 계약","value":2890,"period":"HLS(2021)+2차 $1.15B(2022)","basis_en":"Artemis Starship HLS contract"},"note":"NASA의 ISS 유인 수송(Commercial Crew)·화물 보급(CRS)을 사실상 전담하고(2025년 5회 전부), 아르테미스 달 착륙선(Starship HLS)으로 28억9천만 달러 계약과 2차 미션 11억5천만 달러를 받았다.","note_en":"SpaceX effectively monopolizes NASA ISS transport, flying all five US crew and cargo missions in 2025, and holds the $2.89 billion Starship HLS Artemis lander contract plus $1.15 billion for a second mission.","sources":[{"stance":"confirms","publisher":"미국 증권거래위원회(SEC EDGAR)","publisher_en":"U.S. SEC (EDGAR)","kind":"filing","lang":"en","published_at":"2026-06-12","url":"https://www.sec.gov/Archives/edgar/data/1181412/000162828026042639/spaceexplorationtechnologi.htm","title":"Space Exploration Technologies Corp. 상장 프로스펙터스 (424B4)","title_en":"Space Exploration Technologies Corp. Prospectus (Form 424B4)","excerpt":"We are the primary launch provider for the U.S. government. In 2025, we launched 11 of 12 National Security Space Launch (\"NSSL\") medium and heavy lift missions and all five U.S. crew and cargo missions to the International Space Station for NASA.","excerpt_en":"We are the primary launch provider for the U.S. government. In 2025, we launched 11 of 12 National Security Space Launch (\"NSSL\") medium and heavy lift missions and all five U.S. crew and cargo missions to the International Space Station for NASA."},{"stance":"confirms","publisher":"SpaceNews","publisher_en":"SpaceNews","kind":"news","lang":"en","published_at":"2022-11-15","url":"https://spacenews.com/nasa-awards-spacex-1-15-billion-contract-for-second-artemis-lander-mission/","title":"NASA awards SpaceX $1.15 billion contract for second Artemis lander mission","title_en":"NASA awards SpaceX $1.15 billion contract for second Artemis lander mission","excerpt":"NASA awarded SpaceX a contract worth more than $1.15 billion for a second crewed Artemis lunar lander mission.","excerpt_en":"NASA awarded SpaceX a contract worth more than $1.15 billion for a second crewed Artemis lunar lander mission."},{"stance":"confirms","publisher":"NASA","publisher_en":"NASA","kind":"ir","lang":"en","published_at":"2021-04-16","url":"https://www.nasa.gov/news-release/as-artemis-moves-forward-nasa-picks-spacex-to-land-next-americans-on-moon/","title":"As Artemis Moves Forward, NASA Picks SpaceX to Land Next Americans on Moon","title_en":"As Artemis Moves Forward, NASA Picks SpaceX to Land Next Americans on Moon","excerpt":"The total award value of the firm-fixed price, milestone-based contract is $2.89 billion.","excerpt_en":"The total award value of the firm-fixed price, milestone-based contract is $2.89 billion."}]},{"direction":"revenue","counterparty":"이리듐","counterparty_slug":"iridium","confidence":"high","metric":{"type":"contract_value","unit":"USD million","as_of":"2010-06-16","basis":"Iridium NEXT Falcon 9 발사 계약","value":492,"period":"2010~2019 (8회 발사)","basis_en":"Iridium NEXT Falcon 9 launch contract"},"note":"이리듐의 위성·미션 발사를 수행하는 발사 서비스 매출처다. 이리듐은 2세대 콘스텔레이션 Iridium NEXT 발사를 위해 2010년 6월 SpaceX와 $492M 규모 상업 발사 계약(당시 사상 최대 단일 상업 발사 계약)을 체결했다. Falcon 9로 회당 다수 위성을 저궤도 투입, 2017~2019년 총 8회 발사로 배치 완료. 발사비는 NEXT 총사업비(약 $2.9B)의 일부.","note_en":"Serves as the launch-services revenue source that carries out Iridium's satellite and mission launches. To deploy its second-generation Iridium NEXT constellation, Iridium signed a $492M commercial launch contract with SpaceX in June 2010 (the largest single commercial launch contract at the time). Falcon 9 placed multiple satellites per flight into low Earth orbit, completing the deployment across eight launches from 2017 to 2019. Launch costs were part of the total NEXT program cost (about $2.9B).","sources":[{"stance":"confirms","publisher":"SpaceNews","publisher_en":"SpaceNews","kind":"news","lang":"en","published_at":"2019-01-11","url":"https://spacenews.com/spacex-completes-iridium-next-constellation/","title":"SpaceX completes Iridium Next constellation","title_en":"SpaceX completes Iridium Next constellation","excerpt":"SpaceX launched the final batch of Iridium Next satellites, completing an eight-launch, $492 million campaign that began in January 2017 to replace Iridium's first-generation constellation.","excerpt_en":"SpaceX launched the final batch of Iridium Next satellites, completing an eight-launch, $492 million campaign that began in January 2017 to replace Iridium's first-generation constellation."},{"stance":"confirms","publisher":"미국 증권거래위원회(SEC EDGAR)","publisher_en":"U.S. Securities and Exchange Commission (SEC EDGAR)","kind":"filing","lang":"en","published_at":"2010-06-16","url":"https://www.sec.gov/Archives/edgar/data/1418819/000119312510140098/dex991.htm","title":"Iridium and SpaceX Sign Major Commercial Launch Contract (Form 8-K Exhibit 99.1)","title_en":"Iridium and SpaceX Sign Major Commercial Launch Contract (Form 8-K Exhibit 99.1)","excerpt":"The $492 million contract, while being the largest single commercial launch deal ever signed, nonetheless represents a new benchmark in cost-effective satellite delivery to space... SpaceX's Falcon 9 launch vehicle will carry multiple Iridium NEXT satellites per vehicle, inserting the satellites into a low-earth orbit (LEO).","excerpt_en":"The $492 million contract, while being the largest single commercial launch deal ever signed, nonetheless represents a new benchmark in cost-effective satellite delivery to space... SpaceX's Falcon 9 launch vehicle will carry multiple Iridium NEXT satellites per vehicle, inserting the satellites into a low-earth orbit (LEO)."}]},{"direction":"revenue","counterparty":"글로벌스타","counterparty_slug":"globalstar","confidence":"high","metric":{"type":"payment_total","unit":"USD million","as_of":"2025-12-31","basis":"Falcon 9 발사계약 누적 지급(마일스톤 선지급 $77M 포함)","value":162.6,"period":"2023-08~2025-12","basis_en":"Cumulative payments under Falcon 9 launch agreements (incl. $77M milestone prepayments)"},"note":"글로벌스타의 위성·미션 발사를 수행하는 발사 서비스 매출처다. 대체·차세대 위성 발사 계약자. 2023년 8월과 2025년 6월 각각 팰컨9 발사를 위한 Launch Services Agreement 체결(2회 발사). 2025-12-31까지 SpaceX에 총 $162.6M 지급(2025년 중 $33.0M), 이 중 향후 마일스톤 선지급분 $77.0M 포함. 첫 발사 2025년, 둘째 2026년 예정.","note_en":"Serves as the launch-services revenue source that carries out Globalstar's satellite and mission launches. Contractor for replacement and next-generation satellite launches. Signed Launch Services Agreements for Falcon 9 launches in August 2023 and June 2025 (two launches). Paid SpaceX a total of $162.6M through 2025-12-31 ($33.0M during 2025), including $77.0M of prepaid future milestones. First launch in 2025, second scheduled for 2026.","sources":[{"stance":"confirms","publisher":"미국 증권거래위원회(SEC/EDGAR)","publisher_en":"U.S. SEC (EDGAR)","kind":"filing","lang":"en","published_at":"2026-02-27","url":"https://www.sec.gov/Archives/edgar/data/1366868/000136686826000012/gsat-20251231.htm","title":"Globalstar, Inc. FY2025 Form 10-K","title_en":"Globalstar, Inc. FY2025 Form 10-K","excerpt":"In each of August 2023 and June 2025, we entered into a Launch Services Agreement with Space Exploration Technologies Corp. ('SpaceX') ... We paid to SpaceX a total of $162.6 million ... of which $33.0 million was paid in 2025. A portion of the amounts paid to SpaceX were prepayment for future milestones, totaling $77.0 million.","excerpt_en":"In each of August 2023 and June 2025, we entered into a Launch Services Agreement with Space Exploration Technologies Corp. ('SpaceX') ... We paid to SpaceX a total of $162.6 million ... of which $33.0 million was paid in 2025. A portion of the amounts paid to SpaceX were prepayment for future milestones, totaling $77.0 million."},{"stance":"confirms","publisher":"미국 증권거래위원회(SEC/EDGAR)","publisher_en":"U.S. SEC (EDGAR)","kind":"filing","lang":"en","published_at":"2025-08-07","url":"https://www.sec.gov/Archives/edgar/data/1366868/000136686825000101/gsat20250630-ex991.htm","title":"Globalstar Q2 2025 실적 발표 (8-K 첨부 EX-99.1)","title_en":"Globalstar Q2 2025 Earnings Release (8-K Exhibit 99.1)","excerpt":"Entered into a launch services agreement with SpaceX for the launch of the second set of replacement satellites under construction by MDA Space pursuant to our 2022 satellite procurement agreement.","excerpt_en":"Entered into a launch services agreement with SpaceX for the launch of the second set of replacement satellites under construction by MDA Space pursuant to our 2022 satellite procurement agreement."}]},{"direction":"revenue","counterparty":"새틀로직","counterparty_slug":"satellogic","confidence":"high","metric":{"type":"purchase_commitment","unit":"USD million","as_of":"2025-12-31","basis":"취소불능 발사서비스 계약 잔여 구매약정 총액(2025-12-31 기준; 2026년분 약 US$8.2M)","value":10.2,"period":"through 2028","basis_en":"Total noncancelable launch-service purchase commitments as of 2025-12-31 (~US$8.2M due in 2026)"},"note":"새틀로직의 위성·미션 발사를 수행하는 발사 서비스 매출처다. 발사 서비스 비용처. Multi-Launch Agreement(2022-04-05)로 차기 68기 라이드셰어 발사 확보. 2025-12-31 기준 42 슬롯 잔여. 취소불능 발사서비스 계약 잔여 약정 총액 US$10.2M(2028년까지), 2026년분 약 US$8.2M.","note_en":"Serves as the launch-services revenue source that carries out Satellogic's satellite and mission launches. A launch-services cost item. A Multi-Launch Agreement (2022-04-05) secured 68 upcoming rideshare launches. 42 slots remained as of 2025-12-31. Total remaining commitment under the non-cancelable launch-services contract is about US$10.2M (through 2028), with about US$8.2M for 2026.","sources":[{"stance":"confirms","publisher":"미국 증권거래위원회(SEC EDGAR)","publisher_en":"U.S. SEC EDGAR","kind":"filing","lang":"en","published_at":"2026-03-19","url":"https://www.sec.gov/Archives/edgar/data/1874315/000187431526000013/satl-20251231.htm","title":"Satellogic Inc. FY2025 연차보고서(10-K)","title_en":"Satellogic Inc. Form 10-K (FY ended Dec 31, 2025)","excerpt":"Future purchase commitments under noncancelable launch service contracts as of December 31, 2025 consisted of approximately $8.2 million of total purchase commitments for the year ending December 31, 2026 and total commitments of $10.2 million through 2028. In April 2022, we secured launch capacity for our next 68 launches with SpaceX, via the SpaceX Agreement. At December 31, 2025, we had 42 launch slots remaining.","excerpt_en":"Future purchase commitments under noncancelable launch service contracts as of December 31, 2025 consisted of approximately $8.2 million of total purchase commitments for the year ending December 31, 2026 and total commitments of $10.2 million through 2028. In April 2022, we secured launch capacity for our next 68 launches with SpaceX, via the SpaceX Agreement. At December 31, 2025, we had 42 launch slots remaining."},{"stance":"confirms","publisher":"Satellogic(보도자료)","publisher_en":"Satellogic (press release)","kind":"ir","lang":"en","published_at":"2022-05-04","url":"https://satellogic.com/news/press-releases/satellogic-announces-multiple-launch-agreement-with-spacex-for-its-next-68-sub-meter-resolution-earth-observation-satellites/","title":"새틀로직, SpaceX와 차기 68기 위성 다중발사 계약 발표","title_en":"Satellogic Announces Multiple Launch Agreement with SpaceX for its Next 68 Sub-Meter Resolution Earth Observation Satellites","excerpt":"Satellogic Announces Multiple Launch Agreement with SpaceX for its Next 68 Sub-Meter Resolution Earth Observation Satellites — Strategic agreement positions Satellogic to achieve weekly remapping of the entire surface of the Earth in 2023.","excerpt_en":"Satellogic Announces Multiple Launch Agreement with SpaceX for its Next 68 Sub-Meter Resolution Earth Observation Satellites — Strategic agreement positions Satellogic to achieve weekly remapping of the entire surface of the Earth in 2023."}]},{"direction":"revenue","counterparty":"Northrop Grumman","counterparty_slug":"northrop-grumman","confidence":"high","metric":{"type":"cost_relationship","as_of":"2025-09-15","basis":"안타레스 퇴역 후 시그너스 발사를 팰컨 9로 대체, 보도 확인","period":"FY2025","basis_en":"Cygnus launches shifted to Falcon 9 after Antares retirement, press confirmation","qualifier":"confirmed_no_disclosed_value"},"note":"안타레스 퇴역 이후 노스럽 그러먼 시그너스 ISS 화물선의 발사 서비스를 수주하고 있다. NG-20부터 NG-24까지 연속으로 팰컨 9이 사용됐고, 2025년 9월 첫 시그너스 XL(NG-23)도 팰컨 9 블록 5로 발사됐다. 계약 금액은 비공개.","note_en":"Wins launch service work for Northrop Grumman Cygnus ISS cargo missions following the Antares retirement. Falcon 9 flew NG-20 through NG-24 consecutively, and the first Cygnus XL (NG-23) launched on Falcon 9 Block 5 in September 2025. Contract values are not disclosed.","sources":[{"stance":"confirms","publisher":"스페이스플라이트나우","publisher_en":"Spaceflight Now","kind":"news","lang":"en","published_at":"2025-09-15","url":"https://spaceflightnow.com/2025/09/15/northrop-grummans-1st-cygnus-xl-spacecraft-launches-on-cargo-run-to-the-space-station/","title":"노스럽 그러먼 첫 시그너스 XL, ISS 보급 임무로 발사","title_en":"Northrop Grumman's 1st Cygnus XL spacecraft launches on cargo run to the space station","excerpt":"The NG-23 mission launched aboard a Falcon 9 Block 5 rocket; it is one of a series of Cygnus missions flying on Falcon 9 to support Northrop's Commercial Resupply Services contract with NASA following the retirement of Antares.","excerpt_en":"The NG-23 mission launched aboard a Falcon 9 Block 5 rocket; it is one of a series of Cygnus missions flying on Falcon 9 to support Northrop's Commercial Resupply Services contract with NASA following the retirement of Antares."}]},{"direction":"revenue","counterparty":"사이더스 스페이스","counterparty_slug":"sidus-space","confidence":"high","metric":{"qualifier":"confirmed_no_disclosed_value"},"note":"사이더스 스페이스의 위성·미션 발사를 수행하는 발사 서비스 매출처다. SpaceX와 5회 LizzieSat 라이드쉐어 발사 다중 계약. LizzieSat-1은 2024-03-04 SpaceX Transporter-10(Falcon 9, Vandenberg) 라이드쉐어로 발사·전개. 후속 LizzieSat도 SpaceX Transporter 미션 이용. 발사 서비스는 Sidus의 비용처","note_en":"Serves as the launch-services revenue source that carries out Sidus Space's satellite and mission launches. Multiple contracts with SpaceX for five LizzieSat rideshare launches. LizzieSat-1 launched and deployed on SpaceX Transporter-10 (Falcon 9, Vandenberg) as a rideshare on 2024-03-04. Subsequent LizzieSats also use SpaceX Transporter missions. Launch services are a cost item for Sidus.","sources":[{"stance":"confirms","publisher":"Sidus Space IR","publisher_en":"Sidus Space IR","kind":"ir","lang":"en","published_at":"2024-03-05","url":"https://investors.sidusspace.com/news-events/press-releases/detail/167/sidus-space-receives-signals-from-lizziesat-after","title":"Sidus Space, SpaceX Transporter-10 발사 후 LizzieSat 신호 수신","title_en":"Sidus Space Receives Signals from LizzieSat after Successful Launch and Deployment on the SpaceX Transporter-10 Rideshare Mission","excerpt":"...it received multiple signals from its LizzieSat satellite after launch and deployment to low Earth orbit as part of SpaceX's Transporter-10 Rideshare mission on March 4, 2024 from Space Launch Complex 4 East at Vandenberg Space Force Base in California.","excerpt_en":"...it received multiple signals from its LizzieSat satellite after launch and deployment to low Earth orbit as part of SpaceX's Transporter-10 Rideshare mission on March 4, 2024 from Space Launch Complex 4 East at Vandenberg Space Force Base in California."},{"stance":"confirms","publisher":"Exolaunch","publisher_en":"Exolaunch","kind":"news","lang":"en","published_at":"2022-12-09","url":"https://www.exolaunch.com/news_82.html","title":"Sidus Space, LizzieSat SpaceX 라이드쉐어 전개에 Exolaunch 선정","title_en":"Sidus Space Selects Exolaunch for LizzieSat Deployment During LizzieSat Rideshare Missions with SpaceX","excerpt":"Sidus signed a multi-launch agreement with SpaceX for five LizzieSat rideshare missions, and chose Exolaunch's CarboNIX deployment system for LizzieSat separation from the launch vehicle for those five missions.","excerpt_en":"Sidus signed a multi-launch agreement with SpaceX for five LizzieSat rideshare missions, and chose Exolaunch's CarboNIX deployment system for LizzieSat separation from the launch vehicle for those five missions."}]},{"direction":"revenue","counterparty":"바이어샛","counterparty_slug":"viasat","confidence":"high","metric":{"qualifier":"confirmed_no_disclosed_value"},"note":"바이어샛의 위성·미션 발사를 수행하는 발사 서비스 매출처다. ViaSat-3 F3(약 6.6톤)를 2026-04-29 케네디우주센터 LC-39A에서 Falcon Heavy로 GEO에 발사. 위성 발사 비용처. 계약금액은 비공개.","note_en":"Serves as the launch-services revenue source that carries out Viasat's satellite and mission launches. Launched ViaSat-3 F3 (about 6.6 tons) to GEO on a Falcon Heavy from Kennedy Space Center LC-39A on 2026-04-29. A cost item for satellite launch. Contract value undisclosed.","sources":[{"stance":"confirms","publisher":"Space.com","publisher_en":"Space.com","kind":"news","lang":"en","published_at":"2026-04-29","url":"https://www.space.com/space-exploration/launches-spacecraft/spacex-falcon-heavy-rocket-viasat-3-f3-launch","title":"SpaceX Falcon Heavy rocket lifts off on 1st launch in 18 months (ViaSat-3 F3)","title_en":"SpaceX Falcon Heavy rocket lifts off on 1st launch in 18 months (ViaSat-3 F3)","excerpt":"Falcon Heavy lifted off from Launch Complex 39A at Kennedy Space Center on the ViaSat-3 F3 mission, carrying the satellite toward geostationary orbit.","excerpt_en":"Falcon Heavy lifted off from Launch Complex 39A at Kennedy Space Center on the ViaSat-3 F3 mission, carrying the satellite toward geostationary orbit."},{"stance":"confirms","publisher":"Spaceflight Now","publisher_en":"Spaceflight Now","kind":"news","lang":"en","published_at":"2026-04-29","url":"https://spaceflightnow.com/2026/04/29/spacex-launches-6-ton-viasat-3-f3-satellite-on-falcon-heavy-rocket/","title":"SpaceX launches 6-ton ViaSat-3 F3 satellite on Falcon Heavy rocket","title_en":"SpaceX launches 6-ton ViaSat-3 F3 satellite on Falcon Heavy rocket","excerpt":"SpaceX launched the ViaSat-3 F3 satellite on a Falcon Heavy rocket, the third and final satellite in the ViaSat-3 constellation, headed to geostationary orbit.","excerpt_en":"SpaceX launched the ViaSat-3 F3 satellite on a Falcon Heavy rocket, the third and final satellite in the ViaSat-3 constellation, headed to geostationary orbit."}]},{"direction":"revenue","counterparty":"SES","counterparty_slug":"ses","confidence":"high","metric":{"qualifier":"confirmed_no_disclosed_value"},"note":"SES의 위성·미션 발사를 수행하는 발사 서비스 매출처다. O3b mPOWER 위성 발사를 전담한 발사 서비스 제공사. 2019년 Falcon 9 발사 계약 이후 다수 미션으로 위성을 2기씩 배치, 2025년 7월까지 10기 발사 완료, SES의 발사(launch) CapEx 비용처.","note_en":"Launch-services revenue from SES. Launch-services provider for the O3b mPOWER fleet, SES contracted Falcon 9 launches in 2019 and SpaceX has flown the satellites in pairs, reaching 10 launched by July 2025, SES's launch-capex line.","sources":[{"stance":"confirms","publisher":"Spaceflight Now","publisher_en":"Spaceflight Now","kind":"news","lang":"en","published_at":"2025-07-22","url":"https://spaceflightnow.com/2025/07/21/live-coverage-spacex-to-launch-2-o3b-mpower-satellites-for-ses-on-a-falcon-9-rocket-from-cape-canaveral/","title":"SpaceX launches 2 O3b mPOWER satellites for SES on a Falcon 9 rocket from Cape Canaveral","title_en":"SpaceX launches 2 O3b mPOWER satellites for SES on a Falcon 9 rocket from Cape Canaveral","excerpt":"A SpaceX Falcon 9 launched the latest pair of O3b mPOWER satellites for SES from Cape Canaveral on July 22, 2025, bringing the number launched to ten of thirteen.","excerpt_en":"A SpaceX Falcon 9 launched the latest pair of O3b mPOWER satellites for SES from Cape Canaveral on July 22, 2025, bringing the number launched to ten of thirteen."},{"stance":"confirms","publisher":"Teslarati","publisher_en":"Teslarati","kind":"news","lang":"en","published_at":"2019-08-01","url":"https://www.teslarati.com/spacex-ses-falcon-9-o3b-mpower-launch-contracts/","title":"SpaceX, SES announce new Falcon 9 launch contracts for seven high-bandwidth satellites","title_en":"SpaceX, SES announce new Falcon 9 launch contracts for seven high-bandwidth satellites","excerpt":"SpaceX and SES announced launch contracts for seven O3b mPOWER communications satellites on two separate Falcon 9 missions, placing the constellation in medium Earth orbit.","excerpt_en":"SpaceX and SES announced launch contracts for seven O3b mPOWER communications satellites on two separate Falcon 9 missions, placing the constellation in medium Earth orbit."}]},{"direction":"revenue","counterparty":"유텔샛","counterparty_slug":"eutelsat","confidence":"high","metric":{"qualifier":"confirmed_no_disclosed_value"},"note":"유텔샛의 위성·미션 발사를 수행하는 발사 서비스 매출처다. OneWeb 위성 발사 서비스 제공사. 2022년 러시아 우크라이나 침공으로 Arianespace(Soyuz) 계약 파기 후 Falcon 9으로 전환; 2024년 10월 19일 반덴버그에서 20기(1세대 마지막) 발사 등 다수 미션 수행. 발사 계약 금액은 비공개.","note_en":"Serves as the launch-services revenue source that carries out Eutelsat's satellite and mission launches. Provider of OneWeb satellite launch services. After the Arianespace (Soyuz) contract was voided following Russia's 2022 invasion of Ukraine, it switched to Falcon 9; carried out multiple missions, including the launch of 20 satellites (the last of the first generation) from Vandenberg on October 19, 2024. Launch contract value undisclosed.","sources":[{"stance":"confirms","publisher":"SpaceNews","publisher_en":"SpaceNews","kind":"news","lang":"en","published_at":"2024-10-20","url":"https://spacenews.com/spacex-completes-final-dedicated-launch-for-oneweb/","title":"SpaceX completes final dedicated launch for OneWeb","title_en":"SpaceX completes final dedicated launch for OneWeb","excerpt":"SpaceX launched the final batch of first-generation OneWeb satellites, completing its dedicated launch campaign for the Eutelsat-owned constellation after OneWeb turned to SpaceX from Arianespace Soyuz in 2022.","excerpt_en":"SpaceX launched the final batch of first-generation OneWeb satellites, completing its dedicated launch campaign for the Eutelsat-owned constellation after OneWeb turned to SpaceX from Arianespace Soyuz in 2022."},{"stance":"confirms","publisher":"Space.com","publisher_en":"Space.com","kind":"news","lang":"en","published_at":"2024-10-19","url":"https://www.space.com/spacex-eutelsat-oneweb-satellite-launch-october-2024","title":"SpaceX launches 20 Eutelsat OneWeb broadband satellites to orbit","title_en":"SpaceX launches 20 Eutelsat OneWeb broadband satellites to orbit","excerpt":"A SpaceX Falcon 9 rocket launched 20 Eutelsat OneWeb satellites from Vandenberg Space Force Base on Oct. 19, 2024, lofting the last of the constellation's first-generation internet satellites.","excerpt_en":"A SpaceX Falcon 9 rocket launched 20 Eutelsat OneWeb satellites from Vandenberg Space Force Base on Oct. 19, 2024, lofting the last of the constellation's first-generation internet satellites."}]},{"direction":"revenue","counterparty":"플래닛랩스","counterparty_slug":"planet-labs","confidence":"high","metric":{"qualifier":"confirmed_no_disclosed_value"},"note":"플래닛랩스의 위성·미션 발사를 수행하는 발사 서비스 매출처다. 플래닛은 위성 함대를 SpaceX Falcon 9 Transporter 라이드셰어로 반복 발사. Pelican-1(Transporter-9, 2023-11), Tanager-1+36 SuperDoves(Transporter-11, 2024-08), Pelican-2+36 SuperDoves(Transporter-12, 2025-01), Pelican 5·6(Transporter-15, 202","note_en":"Serves as the launch-services revenue source that carries out Planet Labs's satellite and mission launches. Planet repeatedly launches its satellite fleet as SpaceX Falcon 9 Transporter rideshares. Pelican-1 (Transporter-9, 2023-11), Tanager-1 plus 36 SuperDoves (Transporter-11, 2024-08), Pelican-2 plus 36 SuperDoves (Transporter-12, 2025-01), Pelican 5 and 6 (Transporter-15, 202","sources":[{"stance":"confirms","publisher":"eoPortal (ESA)","publisher_en":"eoPortal (ESA)","kind":"research","lang":"en","published_at":"2025-11-28","url":"https://www.eoportal.org/satellite-missions/planet-pelican","title":"Planet Pelican","title_en":"Planet Pelican","excerpt":"Pelican 5 and Pelican 6 were launched on November 28, 2025 ... aboard SpaceX's Falcon-9 rocket for the Transporter-15 Rideshare Mission from Vandenberg Space Force Base.","excerpt_en":"Pelican 5 and Pelican 6 were launched on November 28, 2025 ... aboard SpaceX's Falcon-9 rocket for the Transporter-15 Rideshare Mission from Vandenberg Space Force Base."},{"stance":"confirms","publisher":"Planet Labs","publisher_en":"Planet Labs","kind":"ir","lang":"en","published_at":"2024-08-16","url":"https://www.planet.com/pulse/planet-launches-first-tanager-1-hyperspectral-satellite-and-36-superdoves-with-spacex/","title":"Planet Launches First Tanager-1 Hyperspectral Satellite and 36 SuperDoves with SpaceX","title_en":"Planet Launches First Tanager-1 Hyperspectral Satellite and 36 SuperDoves with SpaceX","excerpt":"Planet Labs' first hyperspectral satellite, Tanager-1, along with 36 SuperDoves (Flock 4BE) launched on the Transporter-11 Rideshare mission with SpaceX ... from Vandenberg Space Force Base in California.","excerpt_en":"Planet Labs' first hyperspectral satellite, Tanager-1, along with 36 SuperDoves (Flock 4BE) launched on the Transporter-11 Rideshare mission with SpaceX ... from Vandenberg Space Force Base in California."}]},{"direction":"revenue","counterparty":"인튜이티브 머신스","counterparty_slug":"intuitive-machines","confidence":"high","metric":{"qualifier":"confirmed_no_disclosed_value"},"note":"인튜이티브 머신스의 위성·미션 발사를 수행하는 발사 서비스 매출처다. IM 달 착륙선(IM-1·IM-2·IM-3)의 발사를 모두 SpaceX Falcon 9(케네디우주센터 LC-39A)로 조달, 미션 원가의 핵심 발사 서비스 공급처. 개별 발사 계약 금액은 미공개.","note_en":"Serves as the launch-services revenue source that carries out Intuitive Machines's satellite and mission launches. All IM lunar lander launches (IM-1, IM-2, IM-3) are procured on SpaceX Falcon 9 (Kennedy Space Center LC-39A), the core launch-services supplier for mission costs. Individual launch contract values undisclosed.","sources":[{"stance":"confirms","publisher":"위키피디아","publisher_en":"Wikipedia","kind":"research","lang":"en","published_at":"2026-07-04","url":"https://en.wikipedia.org/wiki/Intuitive_Machines_Nova-C","title":"Intuitive Machines Nova-C","title_en":"Intuitive Machines Nova-C","excerpt":"SpaceX is under contract to provide Falcon 9 launches for each of the three landers.","excerpt_en":"SpaceX is under contract to provide Falcon 9 launches for each of the three landers."},{"stance":"confirms","publisher":"NASA","publisher_en":"NASA","kind":"news","lang":"en","published_at":"2024-02-13","url":"https://www.nasa.gov/news-release/nasa-sets-coverage-for-spacex-intuitive-machines-first-moon-mission/","title":"NASA, SpaceX·인튜이티브 머신스 첫 달 미션 보도 일정 안내","title_en":"NASA Sets Coverage for SpaceX, Intuitive Machines First Moon Mission","excerpt":"Intuitive Machines' Nova-C lunar lander is scheduled to launch on a SpaceX Falcon 9 rocket from Launch Complex 39A at NASA's Kennedy Space Center in Florida.","excerpt_en":"Intuitive Machines' Nova-C lunar lander is scheduled to launch on a SpaceX Falcon 9 rocket from Launch Complex 39A at NASA's Kennedy Space Center in Florida."}]},{"direction":"revenue","counterparty":"파이어플라이 에어로스페이스","counterparty_slug":"firefly-aerospace","confidence":"high","metric":{"qualifier":"confirmed_no_disclosed_value"},"note":"파이어플라이 에어로스페이스의 위성·미션 발사를 수행하는 발사 서비스 매출처다. 달 착륙선 Blue Ghost는 자사 Alpha가 아니라 SpaceX Falcon 9로 발사된다. 미션 1은 2025년 1월 15일 케네디우주센터 LC-39A에서 발사됐고, 미션 2(2026년 말)도 Falcon 9로 Elytra 이동체와 함께 발사될 예정이다. 발사 계약 금액은 비공개.","note_en":"Serves as the launch-services revenue source that carries out Firefly Aerospace's satellite and mission launches. The Blue Ghost lunar lander launches on SpaceX Falcon 9 rather than Firefly's own Alpha. Mission 1 launched from Kennedy Space Center LC-39A on January 15, 2025, and Mission 2 (late 2026) is also scheduled to launch on Falcon 9 together with the Elytra transfer vehicle. Launch contract value undisclosed.","sources":[{"stance":"confirms","publisher":"Firefly Aerospace","publisher_en":"Firefly Aerospace","kind":"ir","lang":"en","published_at":"2025-01-15","url":"https://fireflyspace.com/news/firefly-aerospaces-blue-ghost-mission-1-successfully-launches-and-begins-45-day-transit-to-the-moon/","title":"Firefly Aerospace's Blue Ghost Mission 1 Successfully Launches and Begins 45-Day Transit to the Moon","title_en":"Firefly Aerospace's Blue Ghost Mission 1 Successfully Launches and Begins 45-Day Transit to the Moon","excerpt":"Blue Ghost Mission 1, named Ghost Riders in the Sky, launched from Launch Complex 39A at NASA's Kennedy Space Center in Florida... The Blue Ghost lunar lander launched on a SpaceX Falcon 9 rocket, successfully acquired signal, and completed on-orbit commissioning.","excerpt_en":"Blue Ghost Mission 1, named Ghost Riders in the Sky, launched from Launch Complex 39A at NASA's Kennedy Space Center in Florida... The Blue Ghost lunar lander launched on a SpaceX Falcon 9 rocket, successfully acquired signal, and completed on-orbit commissioning."},{"stance":"confirms","publisher":"NASA","publisher_en":"NASA","kind":"news","lang":"en","published_at":"2025-01-15","url":"https://www.nasa.gov/blogs/missions/2025/01/15/liftoff-firefly-lunar-lander-begins-journey-to-the-moon/","title":"Liftoff! Firefly Lunar Lander Begins Journey to the Moon","title_en":"Liftoff! Firefly Lunar Lander Begins Journey to the Moon","excerpt":"Firefly Aerospace's Blue Ghost Mission 1 launched on a SpaceX Falcon 9 rocket from Launch Complex 39A at NASA's Kennedy Space Center in Florida.","excerpt_en":"Firefly Aerospace's Blue Ghost Mission 1 launched on a SpaceX Falcon 9 rocket from Launch Complex 39A at NASA's Kennedy Space Center in Florida."}]},{"direction":"revenue","counterparty":"존디어 (스타링크 SATCOM)","counterparty_slug":"deere-company","confidence":"high","metric":{"qualifier":"confirmed_no_disclosed_value"},"note":"농기계 커넥티비티용 스타링크 서비스·단말 판매.","note_en":"Starlink service and terminals for farm-equipment connectivity.","sources":[{"stance":"confirms","publisher":"디어 앤 컴퍼니","publisher_en":"Deere & Company","kind":"ir","lang":"en","published_at":"2025-01-15","url":"https://www.deere.com/en/our-company/static/john-deere-partnership-with-spacex/","title":"존 디어, 스페이스X와 전략적 파트너십 발표(스타링크 SATCOM)","title_en":"John Deere Announces Strategic Partnership with SpaceX (Starlink SATCOM)","excerpt":"SATCOM solution connects Deere machines through Starlink.","excerpt_en":"Starlink connects Deere machines."}]},{"direction":"revenue","counterparty":"디어 앤 컴퍼니 (스타링크 SATCOM)","counterparty_slug":"deere-company","confidence":"high","metric":{"qualifier":"confirmed_no_disclosed_value"},"note":"세계 최대 농기계 제조사 존 디어에 스타링크 위성통신을 공급. 정밀농업 장비의 통신 음영 지역 연결·자율주행을 뒷받침하며 미국·브라질부터 전개.","note_en":"Supplies Starlink SATCOM to John Deere, the world's largest farm-equipment maker, connecting off-grid precision-ag machines and enabling autonomy; rollout starts in the U.S. and Brazil.","sources":[{"stance":"confirms","publisher":"디어 앤 컴퍼니","publisher_en":"Deere & Company","kind":"ir","lang":"en","published_at":"2025-01-15","url":"https://www.deere.com/en/our-company/static/john-deere-partnership-with-spacex/","title":"존 디어, 스페이스X와 전략적 파트너십 발표(스타링크 SATCOM)","title_en":"John Deere Announces Strategic Partnership with SpaceX (Starlink SATCOM)","excerpt":"존 디어는 스페이스X를 위성통신(SATCOM) 파트너로 선정했다.","excerpt_en":"John Deere selected SpaceX to provide satellite communications (SATCOM) service."},{"stance":"mentions","publisher":"농민신문","publisher_en":"Nongmin News","kind":"news","lang":"ko","published_at":"2024-09-30","url":"https://www.nongmin.com/article/20240930500650","title":"자율주행 농기계, 해외는 무인화 넘어 위성통신 활용 단계 진입","title_en":"Overseas autonomous farm machinery moves beyond unmanned to satellite connectivity","excerpt":"존디어가 스페이스X를 위성통신 파트너로 선정.","excerpt_en":"John Deere named SpaceX its satellite-communications partner."}]},{"direction":"cost","counterparty":"ST마이크로일렉트로닉스","counterparty_slug":"stmicroelectronics","confidence":"mid","metric":{"type":"supply_volume","unit":"million terminals","as_of":"2021-08-06","basis":"스타링크 단말 생산 계약(보도 기준)","value":1,"period":"2020~","basis_en":"Starlink terminal production agreement (as reported)"},"note":"스타링크 사용자 단말(디시)의 애플리케이션 프로세서·RF 프런트엔드·보안칩을 ST마이크로일렉트로닉스가 제조한다. 단말 100만 대(대당 약 2,400달러) 생산 계약이 보도됐고, 분해 분석에서도 ST 칩(Catson SoC 등)이 확인됐다.","note_en":"STMicroelectronics manufactures the application processor, RF front-end and secure element of the Starlink user terminal; a reported production agreement covers 1 million terminals (~$2,400 each), and teardowns confirm ST silicon (Catson SoC).","sources":[{"stance":"confirms","publisher":"KU Leuven COSIC","publisher_en":"KU Leuven COSIC","kind":"research","lang":"en","published_at":"2022-01-01","url":"https://www.esat.kuleuven.be/cosic/blog/dumping-and-extracting-the-spacex-starlink-user-terminal-firmware/","title":"Dumping and extracting the SpaceX Starlink User Terminal firmware","title_en":"Dumping and extracting the SpaceX Starlink User Terminal firmware","excerpt":"The user terminal contains a STMicroelectronics STSAFE secure element, and the processor is a Quad-Core Cortex-A53 within the Catson SoC manufactured by STMicroelectronics.","excerpt_en":"The user terminal contains a STMicroelectronics STSAFE secure element, and the processor is a Quad-Core Cortex-A53 within the Catson SoC manufactured by STMicroelectronics."},{"stance":"confirms","publisher":"Wccftech","publisher_en":"Wccftech","kind":"news","lang":"en","published_at":"2021-08-06","url":"https://wccftech.com/starlink-user-terminal-apple-supplier-teardown/","title":"Starlink User Terminals Use Same Supplier As Apple's iPhone Shows Teardown","title_en":"Starlink User Terminals Use Same Supplier As Apple's iPhone Shows Teardown","excerpt":"SpaceX had signed an agreement with STMicroelectronics to manufacture the user terminals, and the production agreement specifies 1 million terminals... The terminals have their own application processor and radio front end units - both of which have been manufactured by STMicroelectronics.","excerpt_en":"SpaceX had signed an agreement with STMicroelectronics to manufacture the user terminals, and the production agreement specifies 1 million terminals... both of which have been manufactured by STMicroelectronics."}]},{"direction":"cost","counterparty":"부품·원자재 (수직통합·비공개)","counterparty_slug":null,"confidence":"mid","metric":{"qualifier":"confirmed_no_disclosed_value"},"note":"로켓 엔진·기체·위성 대부분을 내재화한 수직통합 구조로, 프로스펙터스도 \"제3자 공급사 의존 최소화\"를 명시한다. 외부 조달은 원자재(스테인리스강·추진제)·일부 반도체로 제한되며 개별 공급사·금액은 비공개다.","note_en":"A vertically integrated maker of most engines, airframes and satellites; the prospectus emphasizes \"limited reliance on third-party suppliers\". External procurement is limited to raw materials (stainless steel, propellants) and some semiconductors, with suppliers and amounts undisclosed.","sources":[{"stance":"mentions","publisher":"미국 증권거래위원회(SEC EDGAR)","publisher_en":"U.S. SEC (EDGAR)","kind":"filing","lang":"en","published_at":"2026-06-12","url":"https://www.sec.gov/Archives/edgar/data/1181412/000162828026042639/spaceexplorationtechnologi.htm","title":"Space Exploration Technologies Corp. 상장 프로스펙터스 (424B4)","title_en":"Space Exploration Technologies Corp. Prospectus (Form 424B4)","excerpt":"We have built one of the largest satellite manufacturing operations in the world. Our vertically integrated approach with limited reliance on third-party suppliers will be key to our mass-scaling efforts and should allow us to deploy the latest AI processors.","excerpt_en":"We have built one of the largest satellite manufacturing operations in the world. Our vertically integrated approach with limited reliance on third-party suppliers will be key to our mass-scaling efforts and should allow us to deploy the latest AI processors."}]},{"direction":"revenue","counterparty":"블랙스카이 (라이드셰어 발사)","counterparty_slug":"blacksky","confidence":"mid","metric":{"qualifier":"rideshare_launch"},"note":"블랙스카이 Global(Gen-2) 지구관측 위성을 팰컨9 Transporter 라이드셰어로 발사 — 스페이스X에겐 다수 소형위성 라이드셰어 고객 중 하나로, 소형 EO 사업자에게 저비용 궤도 접근을 파는 사례.","note_en":"Launched BlackSky's Global (Gen-2) Earth-observation satellites on Falcon 9 Transporter rideshare — for SpaceX, one of many small-satellite rideshare customers, selling low-cost orbital access to a small EO operator.","sources":[{"stance":"confirms","publisher":"Via Satellite","publisher_en":"Via Satellite","kind":"news","lang":"en","published_at":"2021-12-02","url":"https://www.satellitetoday.com/launch/2021/12/02/spacex-launches-starlink-batch-with-2-rideshare-blacksky-satellites/","title":"스페이스X, 스타링크 배치에 블랙스카이 위성 2기 라이드셰어 발사","title_en":"SpaceX launches Starlink batch with 2 rideshare BlackSky satellites","excerpt":"팰컨9, 블랙스카이 Global 위성을 스타링크 동승 라이드셰어로 발사(2021-12).","excerpt_en":"Falcon 9 launched BlackSky Global satellites as rideshare alongside Starlink (Dec 2021)."}]}]}