SpaceX Debuts the Falcon 9 Block 5, Says Launch was Successful

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The new version of the rocket is outfitted with upgrades created to make it more durable so it can be reused as many as 10 times, dramatically cutting the costs of space missions. The Block 5 is created to be used at least 10 times with only minimal refurbishment. "Also, I would like to thank Russian Federation for giving us the opportunity to use their orbital slot".

Visitors cheered and shouted slogns as the Falcon 9 Block 5, the latest version of SpaceX, was launched on its maiden mission As the countdown began, Bangladeeshi-Americans sang national anthem and shouted " Joy Bangla, Joy Bangabandhu". Today's success marks the first time this rocket has been launched and successfully landed.

The private space company enthusiastically shared on social media photos of all the important moments of the "Block 5" Falcon 9 launch, including an image of the Bangabandhu-1 satellite in the geostationary transfer orbit.

Enhanced rocket reusability also is a core tenet of SpaceX owner and billionaire entrepreneur Elon Musk's broader objectives of making space travel commonplace and ultimately sending humans to Mars. The other is Boeing Co.

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Block 5 simply concretes SpaceX's business case.

The launch also marked a milestone for the company SpaceX, who was contracted to carry out the launch itself.

"With this we entered a new era", said Bangladeshi Prime Minister Sheikh Hasina in a message on Saturday. It would mostly cover South Asian countries and Indonesia, the Philippines, Myanmar, Tajikistan, Kyrgyzstan, Uzbekistan, Turkestan and a part of Kazakhstan.

The historic event took place at 2:14am (Bangladesh time) on Saturday when the country's first geostationary communication satellite started its voyage towards orbit from the Kennedy Space Centre in Florida, USA.

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It is expected to have a 15-year lifespan and will help save money for the Dhaka government, which now spends $14 million annually to rent from the services of foreign satellites, government officials said.

The government took the Bangabandhu-1 project in May 2015 and assigned Thales Alenia by signing a $248-million deal in November of the same year.

The two ground stations received the test signals from the country's first ever communications satellite after 6:25pm US Eastern Time (BDST 4:25am), reports UNB.

The satellite will contain 40 transponders; Bangladesh will use 20 and rent out the rest.

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