Timeline for Will the James Webb Space Telescope be insured against launch failure?
Current License: CC BY-SA 4.0
18 events
| when toggle format | what | by | license | comment | |
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| S Dec 25, 2021 at 17:09 | history | suggested | Dan Eldridge | CC BY-SA 4.0 |
inserted *bad* to clarify: "in case something happens" and added 4 links for further reading.
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| Dec 25, 2021 at 0:57 | review | Suggested edits | |||
| S Dec 25, 2021 at 17:09 | |||||
| Feb 18, 2018 at 2:28 | comment | added | Rob Rose | @whatsisname That's part of what I'm getting at. I doubt rebuilding it would be nearly as expensive. | |
| Feb 2, 2018 at 5:16 | history | tweeted | twitter.com/StackSpaceExp/status/959294554661793793 | ||
| Feb 2, 2018 at 4:10 | comment | added | whatsisname | To add to @jamesqf's comment on the cost of the JWST, I'd expect probably over 90% of its cost resides in its blueprints, with a relatively small portion represented by the actual manufacturing of the instrument. If it exploded on launch, it wouldn't double the cost of the program to build another one. Additionally, I'd expect commercial satellites, which usually aren't scientific instruments, to not have an extreme ratio between design and manufacturing. | |
| Feb 2, 2018 at 1:05 | comment | added | Fattie | It's an interesting point that things going to orbit are frequently insured; but it would seem that nothing going beyond orbit has ever been insured. | |
| Feb 1, 2018 at 21:27 | comment | added | called2voyage♦ | @Wyrmwood Also, 1.5B is still a drop in the bucket--see jamesqf's comment above. | |
| Feb 1, 2018 at 21:26 | comment | added | called2voyage♦ | @Wyrmwood That's not deceptive math. Those two values have different meanings. The latter divides out the total cost of the entire Shuttle program over the number of launches, the former is the estimated cost merely to launch a Shuttle (not including the non-recurring costs necessary to support the infrastructure of the Shuttle program). | |
| Feb 1, 2018 at 21:04 | comment | added | Wyrmwood | They'll just use NASA math, like reporting a cost of 450M per launch, when they actually spent 1.5B per launch... | |
| Feb 1, 2018 at 20:57 | comment | added | Rob Rose | @Wyrmwood because they want the valuable science and know they likely won't get funding for it again? | |
| Feb 1, 2018 at 20:14 | comment | added | Wyrmwood | Why would a publicly funded organization care? Just taxpayer money... | |
| Feb 1, 2018 at 19:45 | comment | added | Rob Rose | @jamesqf True but realistically Congress isn't going to fund a second attempt. | |
| Feb 1, 2018 at 19:26 | comment | added | jamesqf | You buy insurance because a loss would cause you financial hardship. Companies insure satellite launches because to most, they're a major investment. Webb telescope cost 10 billion over a decade or so, US annual budget 3.8 trillion. So annual cost (not even figuring most of it is engineering R&D, if you're building a replacement) is somethin like 0.03% of the US budget. | |
| Feb 1, 2018 at 17:13 | answer | added | Hobbes | timeline score: 16 | |
| Feb 1, 2018 at 16:43 | history | edited | PearsonArtPhoto♦ |
edited tags
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| Feb 1, 2018 at 16:43 | answer | added | PearsonArtPhoto♦ | timeline score: 41 | |
| Feb 1, 2018 at 16:31 | review | First posts | |||
| Feb 1, 2018 at 16:35 | |||||
| Feb 1, 2018 at 16:30 | history | asked | Rob Rose | CC BY-SA 3.0 |