A US$175 million insurance claim has been filed for the ‘total loss’ of the SkyTerra-1 communications satellite, after its 22 m diameter main mesh antenna developed a fault, Seradata understands. No details have been released by its owner, Ligado Networks (formerly...
SES is formally filing an insurance claim for all four of the O3b mPOWER communications satellites that it originally launched. The claim could run to US$472 million – a figure that would make it the biggest net insurance loss to date, according to Seradata’s...
Space insurers are still licking their wounds after what has been the worst year in over two decades in terms of claims, with a total of close to US$1 billion for the industry. In the early part of the year there were few insurance losses and, although they received a...
As if the increasing likelihood of a total insurance loss claim for the Viasat-3 Americas satellite was not enough, Viasat has received more bad news. Inmarsat, its newly acquired subsidiary, has found itself in the unenviable position of making an insurance claim for...
The middle eastern satellite operator Yahsat has agreed to order two launch communications satellites to operate from geostationary Earth orbit (GEO) from Airbus Defence and Space. The satellites are called the Al Yah 4 and Al Yah 5 and will replace Al Yah 1 and Al...
For Eutelsat, a leading geostationary and low Earth orbit communications satellite operator (with the acquisition of OneWeb), a lack of available launch slots over the next five years is of immediate concern, according to keynote speaker Vijay Thakur, the company’s...