Fielding: Space insurance policy riders routinely exclude space debris damage
Alex Fielding · a16z Podcast: Best Clips of 2022 · Dec 27, 2022 · at 33:41
Alex Fielding was not on this episode. A recording of them was played into it, so these are their words but not an appearance on the a16z Podcast. It still counts as said, and it is kept out of every score on their page.
Alex Fielding, CEO of Privateer, explains why space operators avoid reporting orbital collisions publicly due to liability and insurance restrictions.
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“Many insurance policies in space on the riders exclude space debris from a covered loss.”
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More from Alex Fielding
Fielding: Over 40% of registered space objects violate international space treaties
“Where they looked at how many objects in space are in or out of compliance with the Space Act and treaties. And the number out of compliance is over 40% of those registered objects are out of compliance.”
Fielding: Putting a satellite in space costs less than attorney paperwork fees
“I can put a satellite in space for less than I can pay our attorneys to do the paperwork.”
Fielding: Privateer plans to offer space tracking tools for free
“We aim to democratize the space situational awareness market. By bringing these tools to humankind for free, by enabling and empowering the community so that we have a single source of truth and knowledge, and we're not aiming to own it.”
Fielding: Space traffic control should be a government service
“Space situational awareness and domain awareness and traffic management and ultimately traffic control. Becoming services that actually should be provided by governments that have traditionally only been provided by private industry.”
Fielding: Space situational awareness is not a true commercial market
“If you look at this marketplace that some people would put privateer in the bucket of space situational awareness and domain awareness and traffic management, I would argue it's not a market. Because the commercial companies that are there, they don't make a g…”