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International

Indian space agency looks to buy satellite insurance

November 26, 2019 Reprints

The Indian Space Research Organisation is looking to buy insurance for a domestically launched satellite, Asia Insurance Review reports citing The Times of India. The space agency's quest for satellite insurance is driven by an unexpected setback in the country's second lunar exploration mission, which cost nearly $140 million, and the success of its Mars mission, which brought down reinsurance rates for Indian space exploration activities.

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Indian space agency looks to buy satellite insurance

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