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posted by martyb on Monday September 05 2016, @08:55AM   Printer-friendly
from the You-bought-insurance,-right? dept.

SpaceX will need to pay up for its destruction of an AMOS-6 satellite:

SpaceX may be on the hook to compensate Space Communication Ltd. (Spacecom) for the satellite that was destroyed during the explosion of a Falcon 9 rocket — either with a free trip or $50 million, according to Reuters .

The construction, launch preparation and operation of the AMOS-6 satellite, which would have been used to "significantly expand the variety of communications services provided by Spacecom," reportedly cost the company more than $195 million. The officials from the company also noted that it could also collect upwards of $205 million from Israel Aircraft Industries, which built the satellite. SpaceX hasn't said what kind of insurance it purchased for the rocket, or what that insurance might pay for, Reuters reported. SpaceX wasn't immediately available for comment.

The failure of the launch may also kill a deal for Beijing Xinwei Technology Group to acquire Spacecom.


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  • (Score: 5, Funny) by SomeGuy on Monday September 05 2016, @11:40AM

    by SomeGuy (5632) on Monday September 05 2016, @11:40AM (#397760)

    That list of customers includes Facebook, which had contracted SpaceX...

    When I saw that, the first thing that popped in to my mind was that the rocket and satellite was actually destroyed by a soldier from the future, even as he was being pursued by evil robot minions from his future controlled by the sentient Facebook computer, all ending in a huge fiery explosion.... did he save us all or just delay the inevitable? :)

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  • (Score: 5, Funny) by theluggage on Monday September 05 2016, @12:44PM

    by theluggage (1797) on Monday September 05 2016, @12:44PM (#397776)

    Actually, there was a huge dust-up between Captain Kirk, Agent J, 3 incarnations of Doctor Who, at least two guys who looked like Ben Browder, and Malcolm Reynolds (the latter from an alternate universe where Firefly ran for 3 seasons and, therefore, had a mandatory episode in which they travelled back to the 21st century to save the word, in accordance with Rule 37b of TV SF). This is starting to happen even with independent communication satellite launches, because all of the suspects now have at least 10 different instances of themselves attending each Apollo and Space Shuttle launch and its getting impossible to park & avoid meeting great-great-great-grandparents. The inquest will determine if the stray shot that ignited the rocket came from a phaser, a sonic screwdriver, a Jaffa lance or a noisy cricket. Of course, it will all be covered up by the owners of the secret film studio (hidden under the world famous alien defence base at area 51) where they doctored the film of the moon landings to hide the giant hatch saying "Death Star - deliveries only".

    • (Score: 2) by Runaway1956 on Monday September 05 2016, @01:11PM

      by Runaway1956 (2926) Subscriber Badge on Monday September 05 2016, @01:11PM (#397780) Journal

      You missed a couple of universes, so you'll never solve this mystery. If you check out the surveillance, and watch carefully, you'll see a pudgy blonde woman with a multi-tool slung on her belt. But, you gotta watch carefully. She's unbelievably strong, and she doesn't just open that hatchway to get inside - she tears it off. She only appears in a few frames, she's that quick.

      But, she'll get hers, when she gets trapped under the biggest worm in the galaxy, and sets off a pair of warheads to kill the damned thing.

      Her name . . . can't remember her name . . . she's not very good looking, not very sociable or anything . . . can't remember her name . . . Esther Meyer! That's her name! I had to scroll back through the story to find her. Now I've got it open, I'll probably just read it again.

      David Drake's Redliners.