SpaceX will launch the two companies’ geosynchronous telecommunications satellites on two separate launches from Cape Canaveral, Fla. The first launch is scheduled for late 2014 or early 2015, with the second launch following in the fourth quarter of 2015. The agreement marks SpaceX’s first launch contract in Mexico and its second Asian launch contract in the past month.

   “We are very pleased to have SpaceX, the world’s fastest growing space launch company, as our launch partner for Satmex 7,” Satmex CEO Patricio Northland said in a statement. “Satmex 7 will be a cornerstone of the Satmex fleet designed to provide DTH and data services with increased power levels and improved elevation angles from any location within the coverage. These benefits will provide better performance to deliver media content directly to homes as well as broadband services.”

   “Over the past decade, we have seen launch prices increase dramatically, making access to space out of reach for many programs,” ABS CEO Tom Choi added. “As one of the fastest growing satellite operators in the world, ABS requires access to space that combines affordability and lift capacity for our future satellite programs.”