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To: BlackVeil
Does not matter a hill of beans; covered by insurance; more business
12 posted on 09/03/2016 6:09:42 AM PDT by maddogtiger
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To: maddogtiger
It seems that forward sales might be affected, as the satellite disaster makes it look faulty.

Also here:

a successful launch of the satellite would have yielded Spacecom $100 million from Facebook and another $164 million from the Israeli government. And while the satellite itself was insured for $330 million, the company had issued bonds of some NIS 1 billion ($265.5 million) to fund the project, and could find itself with a monetary shortfall for “ongoing expenses.”

But the article also makes it clear that this industry is essential, and has the support of the Israeli govt. So market forces will not be the sole influence.

16 posted on 09/04/2016 6:06:19 AM PDT by BlackVeil ('The past is never dead. It's not even past.' William Faulkner)
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