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 created Charter Space in 2021, after experiencing the challenges of managing critical data for a satellite bus startup using Microsoft Excel.
It was all about the same physical object,” Chan told TechCrunch.
Chan's goal is to power new forms of credit and nondilutive funding for space companies, beyond venture capital and public markets.
Author's summary: Charter Space innovates spacecraft insurance with fintech solutions.