Charter Space: Fintech for Spacecraft Insurance
Charter Space aims to revolutionize spacecraft insurance with faster, cheaper, and more reliable risk evaluation, and to enable new forms of credit and funding for space companies.
Founder Yuk Chi Chan drew inspiration from his experience as a mission manager at a satellite bus startup, where he struggled with scattered critical data in Microsoft Excel.
It was all about the same physical object,” he told TechCrunch.
Chan's goal is to power new forms of credit and nondilutive funding for space companies looking beyond venture capital and public markets.
Author's summary: Charter Space innovates spacecraft insurance with fintech solutions.
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