SpaceX announces agreement with satellite company

May 29, 2012 1:17:48 PM PDT
SpaceX's successful launch and delivery of an unmanned cargo ship to the International Space Station has lead to a new deal with a satellite company.

The capsule, named Dragon, arrived at the ISS on Saturday and will return to earth later this week.

On Tuesday, Intelsat, the world's largest global satellite communications company, says it will work with SpaceX to use the Falcon Heavy rocket to send its satellites into orbit.

This is the first commercial contract for SpaceX.

No launch date has been set.