Premiums this year could come in even lower than 2016 as average rates continue to fall in an overly crowded market, insurers have warned. Meanwhile, China suffers a launch anomaly and Hispasat 36W-1's pricing underlines the popularity of Soyuz despite its recent failure.
SpaceX has wrapped up its four-month investigation into why a Falcon 9 rocket exploded on its launch pad and said it has taken corrective actions to address all the “credible causes” of the anomaly. A return to flight from Vandenberg, California has now been scheduled for 8 January and comes as welcome news for Iridium Communications as its first batch of NEXT satellites will be the payload.
Huge volumes of IP and patents are generated within the space industry as the technology required to design the instruments fitted to a spacecraft, let alone the technology required to get a payload into orbit, are substantial. Experts from accounting and advisory firm RSM provide their insights into tax strategies for IP and patent regimes around the world.