A method of insuring against launch failure is provided to reduce the business risk to the satellite owner and insurance underwriters against satellite launch failure. The launch insurance includes provision for guaranteeing a rapid response recovery mission, preferably at no cost, in the event that a satellite suffers a boost failure during launch resulting in a fully-functional satellite being launched to an unintended inoperable orbit. Preferably, the launch insurance also provides for additional insurance against failure of the recovery mission to provide compensation to the satellite owner in the event that the recovery mission is also unsuccessful.
This information is part of a study by Oasis Global, Inc. of all space inventions filed at the United States Patent and Trademark Office, and is provided for informational purposes only. It is not an endorsement of any particular assignee, inventor or invention. Although Peter A. Koziol represents inventors and assignees of space inventions he does not represent all of the inventors and assignees listed. The prosecuting attorney agent or firm for each patent is identified by the United States Patent and Trademark Office in the patent specfication, which can be viewed by clicking on the patent image or downloading the patent document. For more information regarding Mr. Koziol's background and experience, or to learn more about space inventions, please contact Mr. Koziol.
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