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Russia: Launch of three Gonets M satellites insured for $31.9 million

July 9, 2014 - 6:00am

The recent launch of three Gonets M satellites from the Plesetsk Cosmodrome in Arkhangelsk Oblast, Russia, has been insured for 1.1 billion Russian rubles ($31.9 million), reports Forinsurer.

The insurance was provided through four insurance agencies with SOGAZ Insurance Group acting as the coordinator.

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