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Old February 20th 08, 06:30 PM posted to sci.space.policy
BradGuth
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On Feb 20, 9:57 am, wrote:
On Feb 20, 11:09 am, wrote:

The commercial space launch act prohibits selling space launch
services on uninsured launchers. Insurance costs can add millions of
dollars to each flight. Laiunching an experimental hobbyist rocket
may qualify for exemptions.


Too big for an exemption


They need insurance because it simply hasn't been accomplished, and
far too many variables exist. Perhaps a private launch out of Mexico
will minimize whatever insurance, partly because Mexico has a $cap on
each lawsuit or class action.

Once their X-Prize stuff gets past the Earth-Moon L1 point of no
return, we're safe from whatever goes terribly wrong.
.. - Brad Guth