Loss of W3B Eutelsat Communications' satellite
The Ariane 5 rocket, launched on October 28, 2010, failed to orbit the W3B Eutelsat Communications' satellite, designed for television. The latter seems to have been lost soon after its launch, thus, causing a loss of 240 million EUR (324 million USD) for the insurers of the launcher.
This loss takes into account the satellite replacement and launch cost as well as ground services .
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Fri, 19/04/2013 - 09:09
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