3 ms·
It seemed like from the press conference that Orbital will be footing most of the bill. The best Frank from OS could say was that "some of the rocket" was insur
by keehun 12y ago
It seemed like from the press conference that Orbital will be footing most of the bill. The best Frank from OS could say was that "some of the rocket" was insured. Someone below cited $110 million minimum insurance, but that's not even close to the number OS gave out in the conference at $200m for just the rocket (which I think included neither the manifest nor the damage to the pad/environment and any necessary repair/cleanup)
- navila17 12y agoJust wanted to confirm that Orbital's mention of insurance does not help the customers at all. It is up to the various companies to insure their own payload. Also, it might be fun to note that no one on that launch gets a refund. Generally you pay for something like 90% before the launch (in different milestones leading up to the launch) and only 10% after safe delivery to orbit.