International Space Brokers

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A Topical Risk Management Issue: Space Debris● No definition of space debris in International Space Law● Space debris includes:● Objects or fragments of objects both in-orbit and re-entering to earth● Debris from launchers and stages which either explode, do notreach orbit or re-enter to earth● Debris from satellites that return through air-space to earth● Identification of space debris is difficult but possible● in-orbit detection threshold is currently 10 cm● Third party liability claim can be successfully filed if identification ispossible● In case of in-orbit collision a third-party is entitled to file a claimagainst any or all of the responsible launching StatesINTERNATIONAL SPACE BROKERS | CONFIDENTIAL AND PROPRIETARY 14
Space Debris● Risk of collision is growingg● Especially in LEO (mostEO spacecraft)● Kessler syndrome effect● Satellite Operators need toimplement collisionavoidance measures● In-orbit Liability damagesto Third Parties due tonon-standard conduct orcare● Satellite Operators need toprocure more space liabilityinsuranceSource: XL Aerospace, WSRF 2010INTERNATIONAL SPACE BROKERS | CONFIDENTIAL AND PROPRIETARY 15
Page 1 and 2: Bengaluru Space Expo 201027 th Augu
Page 3 and 4: ISB ClientsINTERNATIONAL SPACE BROK
Page 5 and 6: Space Applications: NavigationINTER
Page 7 and 8: Space Applications: AstronomyINTERN
Page 9: Types of Insurance CoverageProperty
Page 13: 40%L+1 yr. Rate (%)30%20%10%Insuran
Page 17 and 18: The Future● Over the next 10 year
Page 19: INTERNATIONAL SPACE BROKERS | CONFI

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