Ulastempat International
This expansion into insurance services coincides with Japanese insurers Tokio Marine and Sumitomo Mitsui Insurance already being active in space insurance.
Dan Ceperley, LeoLabs' CEO, aims to assist Japanese insurers, offering insights to better underwrite space missions.
providing essential data for satellite operators and launch companies to plan routes and safeguard valuable assets.
Specializing in monitoring low Earth orbit (LEO), the busiest yet less regulated space region, LeoLabs tracks satellites and over 13,000 pieces of debris,
alerting satellite operators about potential collisions and aiding route adjustments.
Using a network of radars across different global locations, LeoLabs operates as "air traffic control in space,"
LeoLabs has taken a forefront role by reducing radar costs and developing a radar network funded by $100 million in investments.
While the U.S. Department of Defense traditionally monitored satellites and debris,
aiding insurers in determining premiums, and assisting in the emerging field of space debris removal.
LeoLabs envisions broader applications for its technology, including evaluating satellite maneuvers during near-misses,