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On twitter there was talk that the real cost here is Dish admitting fault. As that is reportedly going to cause a noticable increase in their future launch ins
by RF_Savage 3y ago
On twitter there was talk that the real cost here is Dish admitting fault.
As that is reportedly going to cause a noticable increase in their future launch insurance costs.
That is the big thing here in addition to the fine.
- londons_explore 3y agoIn guessing space insurance is done by a human not a dumb algorithm. I reckon the human can be persuaded to ignore parking fees when deciding the risk of the rocket blowing up.
- metaphor 3y ago> As that is reportedly going to cause a noticable increase in their future launch insurance costs. Interesting speculation...except there's this eyebrow raising P&E footnote buried in their 10-K filing[1; p. F-33]: >> We generally do not carry commercial launch or in-orbit insurance on any of the satellites that we own and therefore, we will bear the risk associated with any uninsured launch or in-orbit satellite failures. [1] https://www.sec.gov/Archives/edgar/data/1001082/000155837023001811/dish-20221231x10k.htm#a1OrganizationandBusinessActivities_1393 https://www.sec.gov/Archives/edgar/data/1001082/000155837023...