SAS 0.00% 1.6¢ sky and space company ltd

Ann: Trading Halt, page-123

  1. 919 Posts.
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    my understanding is that it is highly comprehensive insurance.
    And the premiums wouldn't come cheap.
    At the AGM, Mier said that the company would be protected against any loss in the event that an event took place (e.g. launch failure).
    I can't remember if it covered loss of revenue, but wouldn't think that would be out of the question.
    As.for insurance, we should be adequately covered considering that Meidad is an insurance broker advisor for space hardware.
 
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