Next Commercial Launch Of Russian Proton-M Rocket To Be Insured For Over $30Mln - Document
MOSCOW (UrduPoint News / Sputnik - 16th August, 2019) The next commercial launch of the Proton-M carrier rocket loaded with the European Eutelsat 5 West B communication satellite and the US Mission Extension Vehicle-1 from the Baikonur Cosmodrome will be insured for over 2.1 billion rubles ($30.7 million), a document published on the public procurement website revealed.
"The name of the services provided: insurance of risks in launching E5WB and MEV-1 spacecraft ... The coverage amount is 2,146,286,130 rubles," the document said.
This year, three launches of Proton-M rockets were carried out and three more missions are planned to be conducted by the end of the year.
Khrunichev State Research and Production Space Center, the manufacturer of Proton-M, carries out commercial launches of Proton-M under contracts with International Launch Services, the provider of launch services with the use of Proton rockets on the international market.