"As #space junk increases, more operators are choosing to launch without any #insurance at all. To compensate, companies are cutting back on the cost of satellites and launching more of them at faster rates, thus creating a feedback loop as the cheaper satellites break up more easily and add to the problem. Behind the predicament are two vectors moving in opposite directions: The cost of launching satellites is falling, while the cost of insuring them continues to soar.”
space.com/space-exploration/sa…
Satellites keep breaking up in space. Insurance won't cover them.
Cheap, uninsured satellites are creating more space junk — and it's starting to rain down on our heads.Tom Brown (Space)
