1/ Launch insurance "covers complete launch failures as well as the failure of a launch vehicle to place a satellite in the proper orbit."
Circa 2002, launch insurance rates were as depicted in this chart. Not a small cost number as A %. faa.gov/about/office_o…
Circa 2002, launch insurance rates were as depicted in this chart. Not a small cost number as A %. faa.gov/about/office_o…
2/ SpaceX just launched the Turksat 5B mission toward geostationary transfer orbit to aboard a Falcon 9 rocket. Booster has landed already. Stage2 separation happens soon.
As satellite launch becomes more reliable and routine, what happens to launch insurance prices?
As satellite launch becomes more reliable and routine, what happens to launch insurance prices?
3/ This report estimates insurance covers the launch plus one year of satellite operations on Falcon Heavy was priced at a rate in the “mid-teens," likely higher than what Astranis would have got with a Falcon 9. spacenews.com/astranis-unvei…
4/ "SpaceX advertises Falcon 9 rocket launches on its website with a $62 million price tag. The insurance rate on a Falcon 9 is about 4% currently, the underwriter said." cnbc.com/2020/04/16/elo…
5/ reuters.com/lifestyle/scie…
"About half of new satellite launches now have insurance, said Denis Bousquet, an executive in AXA XL’s space business. Industry sources expect more policies to exclude collision coverage and fewer satellites to have insurance at all."
"About half of new satellite launches now have insurance, said Denis Bousquet, an executive in AXA XL’s space business. Industry sources expect more policies to exclude collision coverage and fewer satellites to have insurance at all."
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