satellites News

Space-Faring Nations Need Regulations to Prevent Satellite Collisions: Opinion

Last week, the European Space Agency reached out to to warn Elon Musk’s Space Exploration Technologies Corp. that one of its satellites might collide with a SpaceX communications satellite. When ESA first raised such concerns in late August, the chances …

Space Junk: Emerging Global Risk Threatens Satellite Communications – Opinion

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 …

Hackers Find New Battleground in Space, Targeting Satellites in ‘Trophy Attacks’

Space, the ‘final frontier’, is rapidly becoming an extra-terrestrial battleground for corporate espionage and other types of cyber attack as hackers seek to gain commercial advantage from rival networks operating in the $330-billion space economy. At the same time, a …

Ironshore’s Pembroke Agency Launches Insurance for Satellite Financing

Ironshore International’s Pembroke Managing Agency Limited has begun offering insurance coverage for lenders engaged in the financing of satellite projects. The product provides insurance coverage for banks and export credit agencies against the risk of non-disclosure and misrepresentation by the …

Space Insurance Agency Aims to Help Florida’s Space Business Take Off

A new partnership formed between Space Florida, the spaceport authority and aerospace development organization for the state, and insurance agency Assure Space is counting on new space insurance capabilities driving more jobs and investments in Florida’s space business. Richard Parker, …

Peak Sun Cycle Threatens Satellites, Power Grids from Space Storms

The delicate threads that hold modern life together are dramatically cut by an unexpected threat from outer space, with disastrous effects. It’s the stuff of science fiction usually associated with tales of rogue asteroids on a collision course with earth. …

Growing Amount of Space Debris Threatens Satellites: Allianz Report

A study from Allianz Global Corporate & Specialty (AGCS) warns that “man-made space junk poses a serious threat to all space vehicles including those with humans on board.” The report goes on to explore possible ways to clean up space. …