Insurance Payout for Garuda 1 Antenna Problems

Space insurance underwriters have agreed to pay US$101.5 million to PT Pasifik Satelit Nusantara and Asia Cellular Satellite (ACeS) to cover a claim for an anomaly reported on one of their Garuda 1 mobile communication satellite's two large L-band antennas. A Garuda 2 spare satellite, built by Lockheed Martin Commercial Space, is available for launch. However, due to slow growth of the demand for mobile satellite telephony, Garuda 1 is far from using even its limited capacity.

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