“There’s a lot more to space than just rockets. There are satellite companies, space station companies. There are companies building technology to get us back to the moon and help us stay there. And then there’s us. We are a space insurance company. All we do is we insure space companies on the ground and in the air.

And none of that would exist without a vibrant, forgive the pun, universe of space companies that employ hundreds of thousands of hardworking Americans. Not just engineers, but welders, electricians, truckers, all of whom are dedicated to furthering America’s place as the preeminent aerospace superpower on Earth.”

Rewatch our segment on YouTube

"We have to get away from the bespoke model of insurance underwriting in order to accommodate a much larger flood of demand, and a much higher volume of launches — and especially novel spacecraft and smaller spacecraft," Charter Space Founder and CEO Yuk Chi Chan said.

Read the full article on SpaceNews

The Commercial Space Federation (CSF) is pleased to welcome Charter Space as a new space supply chain member, adding expertise in space-based semiconductor manufacturing and specialized risk solutions that support the continued growth and resilience of the U.S. commercial space economy.

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Charter Space is done dipping its toes in the insurance market—opting instead to cannonball in.

Charter launched its own insurance brokerage this week—the Charter Interplanetary Risk Corporation (CIRC)—to help space companies secure coverage for their missions and underlying businesses.

The new nationally-licensed brokerage builds on years of developments Charter made in the space insurance realm.

Read the full article on Payload

The company also announced at TechCrunch Disrupt the acquisition of Plover Parametrics, a Y Combinator-backed insurtech originally focused on climate parametric products. It's a move that Chan says will let Charter provide "white glove" service by placing policies directly, rather than relying on intermediaries.

Read the full article on TechCrunch

The Startup Battlefield is the stage where legends are made, and the next 20 contenders have arrived. These are the breakout companies that rose to the top of a fiercely competitive, global applicant pool, and they're headed to the main stage at TechCrunch Disrupt to compete for the $100,000 prize and the coveted Disrupt Cup.

Read the full article on TechCrunch

The Startup Battlefield is the stage where legends are made, and the next 20 contenders have arrived. These are the breakout companies that rose to the top of a fiercely competitive, global applicant pool, and they're headed to the main stage at TechCrunch Disrupt to compete for the $100,000 prize and the coveted Disrupt Cup.

Read the full article on TechCrunch

We're proud to have contributed insight into how our software could support the development of a permanent lunar colony in the future by acting as a single source of truth for mission-critical data, in the same way that we currently support ambitious teams through enabling spacecraft manufacturing and on-orbit asset insurance.

Watch the full video on YouTube

Charter Space's insurance product is open for early access, Yuk Chi Chan, CEO of Charter Space, announced at SXSW yesterday.

The CA-based space program management startup partnered with five of the largest space insurers around the world—including Munich Re, AXA XL, ASIC, and Lloyds of London broker Price Forbes—to collaborate on a system with the goal of increasing access to insurance across the space industry.

Read the full article on Payload

Charter has been selected as a finalist for Pitch 2025 in the Security, GovTech & Space category! We're honored to be among the finalists chosen from a highly competitive pool.

On March 8th and 9th, we're taking the stage at the Downtown Hilton Austin to unveil how Charter is leading the space industry into a new era of financialization with our groundbreaking infrastructure technology to underwrite the space economy.

Read more on SXSW's official website

Charter, a CA-based space program management startup, has a plan to open up access to space insurance, the CEO told Payload.

Charter's Ubik operating system manages complex space programs, recording inputs and data during the manufacturing process of satellites and other spacecraft. By marrying that tech with an AI-powered underwriting tool, the startup is hoping to automate some of the burdensome process of creating insurance policies for space assets.

Read the full article on Payload

Yuk Chi was just featured on Infinite Loops and interviewed by the legendary founder of O'Shaughnessy Asset Management, the OG Wall Street mentat, prolific investor, and unmatched conversationalist, Jim O'Shaughnessy.

We had a blast discussing how 'ownership' of territory really works, why the sector impacts our daily lives FAR more than we think, and the mind-boggling mission of an intrepid robotic space snake.

Tune in or read the full transcript on Infinite Loops

In late September, OHB Sweden, Oligo Space, Esper Satellite Imagery and Digantara were among the companies that began testing Ubik. Select project management teams at the NASA Jet Propulsion Laboratory also are conducting beta testing.

Shoaib Iqbal, CEO and co-founder of Australian startup Esper Satellite Imagery, said in a statement that Charter "built an excellent product that is 10x'ing our engineering and mission management as we build towards a large Earth-observation constellation."

Charter plans to begin sharing Ubik with additional organizations near the end of the year.

Read the full article on SpaceNews

We are proud to announce the appointment of Scott de Jong as our new Director of Product Engineering, effective August 2024. Scott joins Charter with a robust background in aerospace engineering and software development.

Scott was a pivotal figure over the 6+ years he spent at Rocket Lab during its earliest days, starting as one of the company's first software engineers and seeing the company through to IPO as a Software Engineering Lead. He built software for Electron, ground systems and mission control software, and led the development of bespoke systems engineering and manufacturing execution software. Scott holds a Bachelor's degree in Product Development Engineering and a Master's degree in Mechatronics.

In his new role at Charter, Scott aims to revolutionize the management of complex space engineering programs. "I'm excited to join Charter to help solve the sticky problems commonly faced in complex engineering projects in an elegant and modern way," Scott remarked. "While we've seen massive leaps in engineering efficacy due to advances in development tooling, the systems currently available to organize and manage large projects are comparatively archaic. I can't wait to change that."

Read the full article here

Today, the Space Industry Statement in Support of International Commitments to Not Conduct Destructive Anti-Satellite Testing has been updated, introducing 10 new signatories.

This brings the total to 36 companies from 11 countries that have signed this statement thus far, demonstrating an interest in the protection & long-term sustainability of the space environment, including the future economic development of low Earth orbit.

Read the full article here

Charter Space, a London startup offering program management software for satellite missions, is the product of sheer frustration.

"We haven't seen a corresponding advancement in terms of software that you use to manage those processes," Chan said. "A large part of the industry is still using Excel and Doors, [software] that has been around for decades. And in many cases, we don't even use software, we use pen and paper and whiteboards."

Read the full article on SpaceNews