ChinaSat-18 loss costs $250m
August 30, 2019
By Chris Forrester
ChinaSat-18 has been declared a total loss with an impact on the insurance industry of some $250 million (€226.4m).
The satellite, the first in a new generation of craft to serve the Chinese DTH market, was launched on August 19th from the Xichang space centre in southwestern China’s Sichuan province, according to the state-run Xinhua news agency.
The rocket appeared to work correctly, and initial reports were very slow to materialise and 24 hours later and the Chinese were admitting abnormalities.
The Chinese-built High Throughput satellite and is the first to use the enhanced DFH-4E satellite core and was designed for a 15-year lifetime in orbit. It was equipped with both Ku and Ka-band technology.
It seems the satellite’s important solar panels failed to deploy. The craft was insured via the China People’s Property Insurance which was the chief underwriter for the satellite.
Other posts by :
- Bank: Space industry worth $1tn by 2040
- Xona Space wants 259 LEO satellites
- 36 major airlines now committed to Starlink
- Quilty: Top 5 Washington Satellite show takeaways
- Space Wars: Starlink vs Amazon Leo
- Eutelsat seeks ISRO deal for launches
- Virgin Galactic sets prices for space tourists
- Devas vs Antrix rumbles on
- Shotwell makes TIME front cover
