VIDEO: First NTSB briefing on Virgin Galactic accident

On the eve of the launch of his country’s first communications satellite on a Falcon 9 rocket, the chief executive of BulgariaSat credited SpaceX’s cost-cutting ways with making space accessible for small nations and money-conscious companies like his own.

SpaceX launched its 12th Falcon 9 rocket of the year Thursday from California with Taiwan’s Formosat 5 Earth observation satellite. The two-stage rocket lifted off at 11:51 a.m. PDT (2:51 p.m. EDT; 1851 GMT) and deployed the Taiwanese-built spacecraft into polar orbit. The Falcon 9’s first stage booster successfully landed on a drone ship downrange in the Pacific Ocean.

The inaugural test flight of Rocket Lab’s commercial small satellite booster in May fell short of orbit because a software programming error on a piece of ground equipment led a safety officer to send a premature termination command, and the company is planning to deliver the next Electron vehicle to its New Zealand launch pad in October.