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Profitable 2024 for space insurers does not make up for dire 2023

Profitable 2024 for space insurers does not make up for dire 2023

by David Todd | Jan 14, 2025 | Finance, Launches, Reliability Info, Space Insurance

Although the 2024 calendar year proved to be a highly profitable one for space insurers, the industry continued to reel from a revised US$1.3 billion net loss for 2023. Of the losses in 2023, most were relatively small sub-US$30 million claims. It was a series of...
NASA cancels VIPER rover

NASA cancels VIPER rover

by Farah Ghouri | Jul 29, 2024 | exploration, Finance, Launches, Science, Seradata News

NASA has cancelled its VIPER (Volatiles Investigating Polar Exploration Rover) project 14 months before the golf-cart sized rover, which has already been completed, was set to launch. The news, announced in a teleconference on 17 July, sent shockwaves around the space...
The US$3.1 billion offer Intelsat could not refuse from rival SES

The US$3.1 billion offer Intelsat could not refuse from rival SES

by Farah Ghouri | May 1, 2024 | Finance, Satellites, Seradata News

SES has made an agreed bid of US$3.1 billion in cash for rival satellite operator Intelsat. The deal, expected to close in the second half of 2025, will see two of the ‘Big Four’ fixed-satellite service (FSS) commercial satellite operators merge to form a mega GEO...
SATELLITE 2024: Intelsat CEO hints at in-orbit expansion plans and a terrestrial investment

SATELLITE 2024: Intelsat CEO hints at in-orbit expansion plans and a terrestrial investment

by Matt Wilson | Mar 19, 2024 | Finance, Satellites, Seradata News

Matthew Wilson, Seradata Reporter and Data Manager, reports from the Satellite 2024 conference in Washington, US, starting with the opening day keynote made by Intelsat’s CEO David Wajsgras David Wajsgras, CEO of Intelsat, began his address with a reminder of the US...
OSAM-1: an obituary of the US$2.4 billion NASA refuelling mission that never made it to the launchpad

OSAM-1: an obituary of the US$2.4 billion NASA refuelling mission that never made it to the launchpad

by Farah Ghouri | Mar 6, 2024 | Finance, NASA, Satellites, Seradata News

Farah Ghouri looks back at the life, barely begun, of OSAM-1 after the refuelling demonstration mission is axed by NASA The idea for OSAM-1 (On-Orbit Servicing, Assembly, and Manufacturing 1), first known as RESTORE-L, was conceived in 2015, in a bid to help extend...
An audience with the ‘father of smallsats’: Sir Martin Sweeting

An audience with the ‘father of smallsats’: Sir Martin Sweeting

by Farah Ghouri | Jan 29, 2024 | commercial launch services, Finance, Launches, Satellites, Science, Seradata News

Farah Ghouri finds out the status of the Lunar Pathfinder project, why the cubesat bubble is far from bursting, and how it will be “quite interesting” to discover life beyond Earth, from Sir Martin Sweeting, chief executive of Surrey Satellite Technology Limited...
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