The maiden voyage of Falcon 1 is scheduled for late November, early December from the SpaceX island launch pad in the Kwajalein Atoll. The mission carries FalconSat-2, a DARPA/ Air Force payload designed by the Air Force Academy to study Space plasma phenomena.
SpaceX just announced these dates today, so anything could happen to the oft-delayed launch. Despite a few minor set-backs they already have six Falcon 1 customers lined-up and two awaiting a Falcon 9, the heavy-lifting vehicle capable of placing just about any size satellite in orbit.
SpaceX has made no secret of its desire to be the low-cost leader in successful rocket launches--emphasis on successful.
With a total cost to launch of around $7 million for 550kg to low-Earth-orbit, I'd say they've got the low-cost part. Now they need to work on the successful...
NASA eyes establishing orbiting lunar outpost
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