October 6, 2023
If China attempts to cut Taiwan off from the world by severing more than a dozen undersea cables that connect it to the internet, large numbers of fast-moving low Earth orbit satellites will be critical to maintaining communications. In June, …
August 28, 2023
Viasat Inc. has more than $1 billion of orbiting satellites in trouble, and space insurers are girding for market-rattling claims. The company’s roughly $1 billion ViaSat-3 Americas satellite, central to expanding its fixed-broadband coverage and fending off rivals including Elon …
January 11, 2023
NEWQUAY, England – Britain’s hopes of becoming a prime launch site for small satellites remain intact despite the failure of what would have been the first launch into orbit from western Europe, business minister Grant Shapps said on Tuesday. Hours …
December 22, 2022
An investigation is being launched after the latest version of Italy’s Vega C rocket failed on its second mission, destroying two Earth-imaging satellites and further complicating Europe’s access to space on top of the war in Ukraine. Launch firm Arianespace …
October 28, 2022
A Russian official’s threat this week to “strike” Western satellites aiding Ukraine highlights an untested area of international law, raising concerns among space lawyers and industry executives about the safety of objects in orbit. “Quasi-civilian infrastructure may be a legitimate …
November 19, 2021
The Russian missile test that shattered a dead satellite this week highlights a growing threat of space debris just as companies such as SpaceX and Boeing Co. make plans to launch as many as 65,000 commercial spacecraft into orbit in …
September 1, 2021
An ever-swelling amount of space debris is threatening satellites that hover around Earth, making insurers leery of offering coverage to the devices that transmit texts, maps, videos and scientific data, industry sources said. Thousands of new satellites are being launched …
April 22, 2021
AXA XL Insurance announced it has established a global partnership with SpaceAble, a start-up specializing in space situational awareness (SSA), to better support satellite operators and organizations operating in space. Based in France and a leading European SSA service provider, …
January 15, 2019
Swiss Re estimates it will pay claims of approximately $1.0 billion for natural catastrophes booked in the fourth quarter of 2018, with the largest generated from California wildfires and Hurricane Michael. These natural disaster claims will mainly affect its Reinsurance …
September 21, 2018
Last Saturday, the National Aeronautics and Space Administration launched the Ice, Cloud and Land Elevation Satellite-2, which will monitor Earth’s ice sheets, recording changes in ice thickness as small as half a centimeter. The satellite will allow us to see …