An Ariane 5 rocket in flight. (Credit: Arianespace)

Today, European commercial launch provider Arianespace has announced that it has signed four new commercial launch contracts. This marks an impressive 11 launch contracts signed so far this year for the company, with two current contracts under negotiation to be completed by the years end.

According to the company, these four contracts bring Arianespaces total launch backlog to 38 satellite launches for 29 different customers. The value of these combined orders exceeds $5.82 billion. The company claims to now hold 60% of commercial launch market.

All four launches satellites are between 3,300 and 3,500kg and will be launched by an Ariane 5 rocket with other, heavier satellites, whose launches are already on the books. The Ariane 5 is capable of delivering 10,000kg of payload to geosynchronous transfer orbit, over twice as much as its competitor SpaceXs Falcon 9 rocket. This ability to lift two larger satellites at once helps the company stay competitive with other providers.

Dual manifesting allows Arianespace to be very competitive on price, a company spokesperson told me. It is part of our business model.

The Optus 10 satellite being prepped for launch at Arianespaces launch center. (Credit: Arianespace)

In 2016, Arianespace will be launching communications satellite JCSAT-1 for its customer SKY Perfect JSAT Corporation. The satellite will be used to broadcast TV signals for its customers. This will be the 29th satellite that Arianespace has launched for SKY Perfect since 1989.

For Korean satellite communications provider, KTSat, Arianespace will be launching Koreasat 7. This satellite, to be launched in 2016, will provide communications services to customers in Korea, the Philippines, Indonesia and India. This will mark the third KTSat launch performed by Arianespace.

In 2017, Arianespace will be launching the telecommunications satellite Hylas 4 on behalf of its customer, the London-based Avanti Communications. Hylas 4 will be builtd by Orbital Sciences and will provide TV and data services to Africa, Europe and Latin America.

During the third quarter of 2016, Arianespace will launch IntelSat 36 on behalf of telecommunications service provider Intelsat. This will be the 55th satellite that Arianespace has launched for Intelsat. The satellite will deliver data services to customers in Asia and Africa.

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Europe's Arianespace Claims 60% Of The Commercial Launch Market