Keith & Jenny Sloan 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.
From what I've heard, there's insurance for both the loss of the launch and the payload.
Neither are cheap, from what I can gather as a casual bystander.
You can find references to the insurance in news articles about failed launches of bigger "stuff", like the Dish Network failure to attain orbit earlier this year.
It was up to Dish, the launcher, the operator, and the insurance company as to what they would do when they realized they had a stage fail and didn't get as high as they wanted to.
There was an option of using a moon-slingshot to get the bird to its final orbit, but my reading of the articles led to them having two problems: It would use a LOT of propellant, meaning the bird would have a lot less useful life on-station than was originally expected, and Boeing claims to have a PATENT on the technique. (Rolls eyes.)
Last I read, the mixture of those two things caused them to decide to scrap the bird and take the insurance money.
Then I assume such a bird becomes the property of the Insurance company and if possible, I assume they splash the bird, to "get it out of the way" if possible (depending on the failure).
All of that can probably take a very long time if there's any variables that might change things... but I don't know. This is all conjecture on my part. Maybe it'll spurn some of the experts to come forward and tell it like it really is? :-)
I'm sure those are lovely meetings, full of lots of lawyers. :-)
Nate WY0X