Earlier quoted context omitted.
Your father's satellite is very high (1400km, 1000km above the ISS) at the edge of what is classified as low earth orbit. It will be up there for a long while but the chance of it ever hitting anything is infinitesimal.
Infinitesimal over 100,000 years? I'm not losing any sleep over it personally, but that's a long time.
Almost everything we do carries a small but non-zero risk of something which, if you stretched it over a hundred thousand years, would almost certainly be realized.
On the other hand, the average damage from a collision in space within 100,000 years is also pretty small.