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Ouch it looks like the Isreali company lost their previous satellite too after 4 yrs of being in space:

http://www.haaretz.com/israel-news/business/1.687543

There is still no cause listed on Wikipedia.

> Industry experts described the total loss of contact with the satellite as a highly uncommon event.

This one was built by Russians for the first time. It looks like they went back to a domestic built one with SpaceX and it blew up. That's some bad luck :/

https://en.wikipedia.org/wiki/Amos_(satellite)



That's why insurance isn't the end-all/be-all.

They've got enough money out of insurance to build themselves a new satellite, the problem is that they need that satellite yesterday, not today.

On the other hand, SpaceX isn't living off poor blokes who were hoodwinked by a starry-eyed agent. Their customers are professionals with lawyers and accountants taking care of things, so I don't feel that SpaceX is particularly unethical.




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