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Chapter 66 of 101Space & aerospace1 min read · 0 exhibits

Insurance and Risk Transfer

How would the risks of a space solar programme be insured and shared?

Chapter summary

with difficulty at first.

Key takeaways

  1. 1

    The space insurance market covers launches and satellites worth hundreds of millions of dollars each; a plant worth tens of billions, assembled over years from hundreds of launches, would exceed its capacity.

  2. 2

    Risks would be split: launch insurance per flight, in-orbit cover for modules, third-party liability required by licences, and performance guarantees from manufacturers.

  3. 3

    Governments would likely bear residual risks for early plants, as they do for nuclear liability and some major infrastructure.

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