Hopefully the FCC can force this agreement on any company using American launch infrastructure.
Dish dealt space-debris fine for misparking satellite
11–20 of 40 posts
Re: Dish dealt space-debris fine for misparking satellite
#12So will the money be used to clean up the debris?
Does space force need a 15,000 dollar toilet?
Re: Dish dealt space-debris fine for misparking satellite
#13> It agreed to implement a compliance plan
What kind of compliance plan could this be? My understanding is that the spacecraft is basically out of fuel. How can it be brought into compliance?
Re: Dish dealt space-debris fine for misparking satellite
#14$150,000...restated, 0.014% of cash and cash equivalents on balance sheet[1], or 0.004%/0.738% of 23Q2 revenue/profit[2], respectively.
I really doubt $150k is anywhere near sufficient to cover just the FCC's administrative costs on this one case alone. Megacaps are laughing all the way to the bank if this is all they're demanding a barely midcap company dish out, so to speak.
[1] https://www.sec.gov/Archives/edgar/data/1001082/000155837023...
[2] https://www.sec.gov/Archives/edgar/data/1001082/000155837023...
Re: Dish dealt space-debris fine for misparking satellite
#15> It agreed to implement a compliance plan What kind of compliance plan could this be? My understanding is that the spacecraft is basically out of fuel. How can it be brought into compliance?
I can't read this (paywalled), but typically such plans are ongoing. EG, to make sure it doesn't happen in the future with other assets.
Re: Dish dealt space-debris fine for misparking satellite
#16$150,000...restated, 0.014% of cash and cash equivalents on balance sheet[1], or 0.004%/0.738% of 23Q2 revenue/profit[2], respectively. I really doubt $150k is anywhere near sufficient to cover just the FCC's administrative costs on this one case alone. Megacaps are laughing all the way to the bank if this is all they're demanding a barely midcap company dish out, so to speak. [1] https://www.sec.gov/Archives/edgar/d…
Indeed. Imagine if fines for individuals worked that way:
"We have video evidence of you tossing a lit cigarette next to a hiking trail in Yosemite National Park. You are hereby fined... 2.3 cents, payable within 30 days. You can appeal this ruling."
"Umm... I don't actually carry any coins..."
Re: Dish dealt space-debris fine for misparking satellite
#17This is a pretty small fine, for a case where the operator somehow failed to conserve enough fuel. So while they did vacate their prime GEO real estate, they could only get 40% of the way to the graveyard orbit. But it sets the precedent for the future that even mistakes will be fined.
It sets the precedent that fines are inconsequential, not even really "cost of doing business", but completely irrelevant.
Re: Dish dealt space-debris fine for misparking satellite
#18$150,000...restated, 0.014% of cash and cash equivalents on balance sheet[1], or 0.004%/0.738% of 23Q2 revenue/profit[2], respectively. I really doubt $150k is anywhere near sufficient to cover just the FCC's administrative costs on this one case alone. Megacaps are laughing all the way to the bank if this is all they're demanding a barely midcap company dish out, so to speak. [1] https://www.sec.gov/Archives/edgar/d…
Indeed. Imagine if fines for individuals worked that way: "We have video evidence of you tossing a lit cigarette next to a hiking trail in Yosemite National Park. You are hereby fined... 2.3 cents, payable within 30 days. You can appeal this ruling." "Umm... I don't actually carry any coins..."
I don't know what the actual fine for tossing a lit cigarette next to a hiking trail in Yosemite National Park actually is, but I'm guessing that I'm going to think it is too low when I hear the actual fine. I know that I found myself in a conversation with a ranger when I found out I was participating in an non-permitted event (even though I was explicitly told otherwise). I received 2 citations with each carrying a $500 fine. Neither of my citations involved the possibility of burning down the park. So I'm basing my expectation of a fine off of those.
Re: Dish dealt space-debris fine for misparking satellite
#19> It agreed to implement a compliance plan What kind of compliance plan could this be? My understanding is that the spacecraft is basically out of fuel. How can it be brought into compliance?
I would love the compliance plan to force a new design for the satellites that would allow a remote capsule to dock with a booster for completing the de-orbit maneuvering. I'll allow for the launch of this capsule at the same time you are launching the new bird to replace the one attempting to de-orbit to make it more efficient.
Re: Dish dealt space-debris fine for misparking satellite
#20Wonder how much black market space debris contracts will cost. Russia might be opening a market.
I'm struggling to imagine what a black market space debris contract would look like. Would they be adding or removing space debris? Why a black market?
I would love to see the launch capabilities of a black market that would allow it to remain clandestine. Otherwise, the 5-0 would be showing up and shutting it down.