A satellite deployment system has a plurality of releasable dispenser modules that are attached to each other with each module carrying satellites. Each dispenser module acts as an individual final stage with its own propulsion unit and deploys a subset of satellites to the appropriate altitude and orbit. Since each dispenser module can deploy its satellites far from other dispenser modules, the risk of collision among the satellites is greatly reduced, which allows a large number of satellites to be launched in a safe, timely and cost-effective manner.