GeoEye has announced the securing of insurance covering the 2008 calendar year for the IKONOS satellite. Insurance was obtained from Willis Inspace with terms similar to the 2007 calendar year for an amount of $20M (USD). This was facilitated, in part, by analysis conducted by Lockheed Martin Commercial Space Systems (LMCSS) on the long-term viability of the IKONOS platform.
AMSAT-NA (Amateur Radio Satellite Corporation, North America) announced a deal with IntelSat which will allow amateur payloads to be carried on IntelSat communications satellites to geosynchronous orbit, when on-board space allows. This is fantastic news. Let's look at what it really means...