COMMERCIAL SPACE LAUNCHES: FAA's Risk Assessment Process Is Not Yet Updated

February 4th, 2014

Courtesy of: US Government Accountability Office

According to studies, the United States in 2012 provided less commercial space launch indemnification for third party losses than China, France, and Russia. These countries put no limit on the amount of government indemnification coverage which in the U.S. is limited by the Commercial Space Launch Act (CSLA). Governments' commitments to pay have never been tested because there has not been a third party claim that exceeded a private launch company's insurance... read more