[net.ham-radio] Phase 3-B Insurance

karn@eagle.UUCP (05/27/83)

By the way, for those of you doubtful of our second try on "that damn
French rocket", I have learned that we are carrying insurance this time.
The provisions (as I remember them, I might be slightly off) state that
we reach a final orbit with an inclination greater than 30 degrees,
apogee between about 35,000 and 40,000 km, perigee greater than about
1,000km, within 60 days of launch.  Since it will require the kick motor
to give us this kind of orbit, the insurance has the effect of also
guaranteeing that our spacecraft is functional and commandable, and the
kick motor firings have the desired effect.  The price? The insurance
"leverage" is 8:1, i.e., $1 of insurance buys $8 of coverage.  I believe
we are insured to about $250,000, roughly the actual out-of-pocket
expenses (but not the value of volunteer time) required to build the
spacecraft.

Keep your fingers crossed.

Phil Karn, KA9Q