The Science of Space

Satellite reliability varies widely depending on the quality of parts used, the manufacture, testing processes and the way in which the operations are managed. Understanding satellite risk is important for any party with an interest in satellite capability. Whether you are a spacecraft operator, an investor or a buyer, you want to know whether your satellite system is fit to fulfil its requirements.

Space Sector

Since the launch of Sputnik 1 in 1957 modern civilisation has seen an ever growing dependency on the capabilities of satellites. With over 150 commercial insured satellites in active service around earth's orbit and over 25 new satellites launched each year, our planet currently has around $60,000,000,000 worth of technology orbiting at up to 11,000km  an hour through space. Sciemus Space and our SpaceRAT modelling technology applies mathematical models to the most detailed historical data available to quantify the risks threatening these vital and isolated pieces of technology. Using SpaceRAT we can now rapidly assess any satellite’s risk over and beyond its operational lifespan.  

Commercial Benefits

The benefits of Sciemus models and engineering expertise stem from our ability to bring insight and understanding through analytics to technically complex risks. This translates commercially into an ability to accurately access the profitability of any given risk or investment in the space sector. 

For an Underwriter, Sciemus Space can provide -

• Pricing: Using a satellite's overall risk profile as a key indicator for pricing, clearly identifying the minimum pricing for a risk 
• Competitive Strength: Being able to determine if a risk is being under or over priced by the market based on its overall risk profile 
• Exclusionary Terms: Knowing which components contain criticaly high risks in a satellite, and being able to cover them accordingly 
• Book Improvement: Ability to select the best and most valuable risks in the market as well as evaluating potentially dangerous renewals 
• Regulation: Having a clear, consistent, quantified view on the risks you hold

For satellite manufacturers, Sciemus Space can provide -

• Component Evaluation: Through the proprietary data held in SpaceRAT and our in-house engineering expertise, we are able to review and evaluate specific spacecraft components pre-purchase

For other Finance and Investment specialists, Sciemus Space can provide -

• Profitability: Clear insight into the risk and reward of a particular investment
• Unique Selling Point: Using the analytical expertise of Sciemus Power as a USP to attract clients
• Portfolio Management: Using SpaceRAT to evaluate a portfolio of current investments
• Portfolio Improvement: Using the SpaceRAT to target the most undervalued investments on offer

 

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