The costs of the SpaceX rocket explosion last Thursday are starting to roll in.
The customer whose satellite blew up with the rocket, Space Communication Ltd of Israel, said in a conference call Sunday that it could seek US$50 million or a free flight.
The company also said it could collect US$205 million from the satellite’s builder, Israel Aerospace Industries.
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Asked for comment, SpaceX said it doesn’t disclose contract or insurance terms.
The cause of the explosion, which destroyed a SpaceX Falcon 9 rocket and its payload, is unknown. Facebook, one of several clients for the satellite’s services, intended to expand Internet service to parts of Africa lacking modern communications infrastructure.
The cause of the explosion that destroyed a SpaceX Falcon 9 rocket last week is not known. Photo: Reuters
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Space Communication had been planning to merge with China’s Beijing Xinwei Technology Group, but that deal is now on hold.
