Launch insurance...
I could be wrong but I think that Phase 3A had an insurance policy (if memory serves)...the Ariane IV went Bang...
do I recall this correctly?
Robert WB5MZO> Date: Fri, 8 Aug 2008 23:44:13 +0000> From: m5aka@yahoo.co.uk> To: amsat-bb@amsat.org> Subject: [amsat-bb] Re: What happens when you loose a satellite> > --- On Thu, 7/8/08, Keith & Jenny Sloan keith@sloan-home.co.uk wrote:> > With things like the Falcon launch failure you obviously> > loose the > > satellite, but do you get> > another launch having paid you money or is that it. You> > loose everything > > if the launch fails> > > > If the later then the launch of P3E and P5A could prove> > very expensive > > if the launch fails.> > I'm not aware of any Amateur satellites that have had launch insurance. > If the launch fails you lose everything. > > The bottom line is money, Amateur groups don't have a spare half million dollars to buy insurance. > > Many 'free' or very low cost launches tend to be on those rockets with the highest risk of failure.> > 73 Trevor M5AKA> > > > __________________________________________________________> Not happy with your email address?.> Get the one you really want - millions of new email addresses available now at Yahoo! http://uk.docs.yahoo.com/ymail/new.html%3E > _______________________________________________> Sent via AMSAT-BB@amsat.org. Opinions expressed are those of the author.> Not an AMSAT-NA member? Join now to support the amateur satellite program!> Subscription settings: http://amsat.org/mailman/listinfo/amsat-bb _________________________________________________________________ Reveal your inner athlete and share it with friends on Windows Live. http://revealyourinnerathlete.windowslive.com?locale=en-us&ocid=TXT_TAGL...