SXM-7 payload failure is a bad start to the year for space insurance market

by | Jan 27, 2021 | Reliability Info, Satellites, Space Insurance

Sirius-XM Radio announced on 27 January that its SXM-7 satellite, which was launched by a Falcon 9 rocket on 13 December 2021, had suffered a major failure on its payload. Seradata understands that a failure during in-orbit testing resulted in the loss one of the satellite’s two main channels.

The output of the 7,000kg satellite’s multiple amplifiers is sent through these two channels, both of which are needed to provide the full radio service. With one now missing due to serious damage (apparently caused when RF power was inadvertently sent in the wrong direction), it is expected that a constructive total insurance loss will be declared and a full US$225 million payout is likely to be made. The spacecraft was built by Maxar’s SSL division and uses a version of its long-lived 1300 bus family.

The announcement was bad news for underwriters in the space insurance market, which only just made a profit last year when gross premiums were set against expected losses. Even this result remains dependent on whether the damage caused by a suspected debris strike to the antenna and thermal systems on the Russian Express-80 will yield a major insurance loss. Seradata understands that the antenna’s reflector, while probably damaged, is providing enough performance to allow sufficient reception on the ground. Thus, the size of any potential insurance claim (if there is one) will probably be minor.

Update on 30 March 2021: Seradata understands that no claim for insurance loss on Express-80 will be made as the satellite has achieved operational status and is working within the margins of the required performance.

Artist’s impression of SXM-7 satellite. Courtesy: Maxar

About Seradata

Seradata produces the renowned Seradata database. Trusted by over 100 of the world’s leading Space organisations, Seradata is a fully queryable database used for market analysis, failure/risk assessment, spectrum analysis and space situational awareness (SSA).

For more information go to https://www.seradata.com/product/

Related Articles

Categories

Archives

Tags

nasaspacexecoreviewsissesaArianespacevideochinaFalcon 9v1.2FT Block 525virgin galacticULAfalcon 9evaRoscosmosspacewalkDGAaviation weekBlue OriginInternational Space StationaresIGTsoyuzRocket LabBeidouawardsStarlinkspaceAirbus DSboeingSatellite broadcastingrussiamoonOneWebISROCargo Return VehiclemarsblogresearchspaceshiptwojaxaorionmarsimpactdelayhyperbolaEutelsatdemocratrocketlunarhypertextobamagoogle lunar prizelaunchVegathales alenia spaceSESconstellationtourismbarack obamafiguresnorthspaceflightIntelsatnode 2fundedRaymond Lygo2009Lockheed MartinExpress MD-2Elon MuskAtlas Vromess2dassault aviationaviationLucy2008wk2sstlukradiosuborbitaltestmissiledocking portexplorationAriane 5 ECAVirgin OrbitinternetSLSLong March 2D/2ElectronNorthrop GrummanChina Manned Space Engineeringsts-122Ariane 5missile defensenewspapercotsgalileospace tourismflight2010Long March 4CspaceportExpress AMU 1buildspace stationaltairsoyuz 2-1aProton Minternational astronautical congressshuttlespace shuttleAriane 6scaled compositesIntelsat 23European Space AgencyLauncherOneCosmoshanleybudgetrulesnew yorkatvVietnamshenzhoucongressMojaveboldennew shepardLong March 2CInmarsatOrbital ATKcnesiaclunar landerGuiana Space CenterApollolawsUS Air ForceSpace Systems/LoralUK Space AgencyLong March 4BKuaizhou 1AkscILSprotondarpaTalulah RileyElectron KSFalcon 9v1.2 Block 5Vega CNorth KoreaeuSkylonAstriumpicturebaseusaastronautdragonlanderfiveeventTelesatSSLAprilSNC50thinterviewLong MarchSea LaunchfalconWednesdaycustomerlinkatlantissuccessor

Stay Informed with Seradata

Stay informed on the latest news, insights, and more from Seradata by signing up for our newsletter.