SpaceX accident has repercussions for Israeli space company
SEP 06, 2016
DOI: 10.1063/PT.5.0210085
Reuters : As the result of last week’s explosion of a SpaceX Falcon 9 rocket during a static test fire, Israeli company Space Communication may seek up to $50 million for the loss of the communications satellite it had onboard. The company says last week’s incident has affected it in other ways as well: Its shares have dropped by 43%, and a planned merger with Beijing Xinwei Technology Group may now be up in the air. Although SpaceX has achieved more than 70 successful missions to date, the recent failure is the second in the past 14 months.
© 2016 American Institute of Physics
