space industry

Five million in funding to decode space insurance for innovators

Space insurers hear "scary science words" and run the other way. That leaves space innovators stranded without coverage. Charter is solving that with five million in funding to decode the industry's risk language. It's a practical fix for a real bottleneck. We've covered how Bessar aims to manufacture semiconductors in orbit; the same insurance gap threatens those ambitions. Charter's approach makes the complex accessible, and that's exactly what this sector needs to grow.