Innovator Elon Musk opens 2017 with a bang. Just recently, his SpaceX organization has favorably completed the launching of a series of satellites since a disastrous outburst in August last year.

On January 14, ten Iridium-manufactured ancillaries have gone into orbit following the rockets release from Vanderberg Air Force base in California. The project is part of around 70 satellites that will be spearheaded into space in 2018.

With the launching of the initial batch, the Space Exploration Technologies has revived its objective to send people into Mars. In addition, the effort needs to sustain Musk's ambition in colonizing the Red planet.

The latest casting has somewhat buried the company loss incurred during an explosion in 2016. It should be remembered that the space organization has lost around $200 million of satellite equipment in addition to the $60 million worth of rocket devastation.

Following the incident, Musk has remained unfazed by the financial loss. Although he has admitted that the budget for his space program will be hitting the sky, the SpaceX CEO has reiterated his plans to unleash unmanned rockets to Mars by 2018 and to have humans reaching the said planet six years after.

This year's satellite release is definitely significant considering that the outlook will mirror how the company will fulfill its objectives. It is perceived that the space group will be instituting more contracts to unravel new projects.

With competitors like Jeff Bezos's Blue Origin and Moon Express also in the horizon, space travels have never been pursued this aggressively. In fact, Blue Origin is set to venture on commercial flights in the dark frontier by 2018.

This year, SpaceX intends to accomplish 20 launchings. That's two up from last year's target. For 2017, Musk's team wants to make the budget for rockets more affordable.

As part of an undertaking with NASA, SpaceX will be eyeing to launch a project at the International Space Station. The company wants to this venture to happen by November this year.

Tags
SpaceX, Elon Musk, NASA