Loral Space and Communications, seeking to emerge from bankruptcy this summer and stave off a cash crisis at its satellite manufacturing facility, has reached a settlement with its insurers concerning the Estrela do Sul satellite’s partial failure and with ChinaSat regarding the non-delivery of the ChinaSat 8 satellite.

To continue reading this article:

Register now to read
3 free articles this month.

You’ll also receive our weekly Editor’s Choice, SpaceNews This Week and Opinions newsletters. Opt-out at any time.

Sign in to an existing account

Get unlimited access to SpaceNews.com, the SpaceNews app and our digital monthly magazine for less than $5 per week.

$280

Cancel anytime. Sales tax may apply. No refunds. Terms and conditions apply.

See all subscription options

Peter B. de Selding was the Paris bureau chief for SpaceNews.