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Is there insurance for the payloads? I know very little about rocketry and launching satellites, but with the costs so high, I would imagine that there is some
by sgnelson 11y ago
Is there insurance for the payloads? I know very little about rocketry and launching satellites, but with the costs so high, I would imagine that there is some form of risk mitigation, but I've never heard of such a thing.
edit: If I had read down further, I would have seen a discussion about this very question: https://news.ycombinator.com/item?id=9793697 https://news.ycombinator.com/item?id=9793697
- shiggerino 11y agoYes, that is if you can afford it. The Zvezda service module for the ISS was launched without insurance or a backup because of financial problems. Embarrassingly they even had to turn to Pizza Hut for help: http://www.spacedaily.com/news/pizzahut-00b.html http://www.spacedaily.com/news/pizzahut-00b.html