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SpaceBiz Dialogues: Managing Risks in Space Ventures through Contracts and Insurance

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SpaceBiz Dialogues - July 2024




Thank you for your interestย in the July edition of ๐—ฆ๐—ฝ๐—ฎ๐—ฐ๐—ฒ๐—•๐—ถ๐˜‡ ๐——๐—ถ๐—ฎ๐—น๐—ผ๐—ด๐˜‚๐—ฒ๐˜€, co-organised by Orion Aerospace Space Academy (OASA) and the Asian Academy of International Law (AAIL). Due to an overwhelming response, all our available spaces are now filled.


Whatโ€™s Next?

  • Waiting List: We appreciate your interest and support. You can choose to be added to our waiting list. Should any seats become available, we will notify you promptly.
  • Online Access:ย  If you are unable to attend in person, donโ€™t worry! The July event will be live-streamed.ย 


This month, Orion Astropreneur Space Academy (OASA) and Asian Academy of International Law (AAIL) will co-organise the inaugural event for the Space Law Lecture Series.

The July edition of ๐—ฆ๐—ฝ๐—ฎ๐—ฐ๐—ฒ๐—•๐—ถ๐˜‡ ๐——๐—ถ๐—ฎ๐—น๐—ผ๐—ด๐˜‚๐—ฒ๐˜€ will explore the thriving space economy, specifically focusing on the increasing number of satellite launches and the crucial role now played by private enterprises in driving the once state-dominated sector. As the world ventures into the final frontier, legal and risk professionals are pivotal in shaping the trajectory of the new era of space commercialisation.

With the global space economy valued at over US$460 billion, the sector is experiencing remarkable growth. SpaceX's deployment of nearly 6,000 Starlink satellites into Earth's orbit within five years marked an unprecedented milestone in the history of satellite deployment.ย 

This rapid expansion underscores the urgent need for robust legal and risk frameworks to regulate commercial space activities.

Please join us in-person or online for an insightful discussion on managing risks in space ventures.

During this event, we will๏ผš

  • Delve into the intricacies of the current regulatory frameworks that govern space activities
  • Learn about the allocation of liability and necessary protection in light of recent incidents, such as the space debris that struck a home in Florida, leading to a lawsuit against the US government.
  • Explore how space law promotes international cooperation and ensure responsible and sustainable space activities.ย 
  • Learn how contracts and insurance policies regulate relationships, obligations and safeguards against risks in commercial space activities.
  • Gain valuable insights into how insurance can safeguard space dreams and ensure the financial viability of space ventures.


๐— ๐—ฎ๐—ป๐—ฎ๐—ด๐—ถ๐—ป๐—ด ๐—ฅ๐—ถ๐˜€๐—ธ๐˜€ ๐—ถ๐—ป ๐—ฆ๐—ฝ๐—ฎ๐—ฐ๐—ฒ ๐—ฉ๐—ฒ๐—ป๐˜๐˜‚๐—ฟ๐—ฒ๐˜€ ๐˜๐—ต๐—ฟ๐—ผ๐˜‚๐—ด๐—ต ๐—–๐—ผ๐—ป๐˜๐—ฟ๐—ฎ๐—ฐ๐˜๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—œ๐—ป๐˜€๐˜‚๐—ฟ๐—ฎ๐—ป๐—ฐ๐—ฒ

Date: 31 July 2024 (Wed)

๐—ง๐—ถ๐—บ๐—ฒ: 5:45 pm - 8:15 pm (registration starts at 5:30 pm)

๐—ฉ๐—ฒ๐—ป๐˜‚๐—ฒ: Former French Mission Building (1 Battery Path, Central, Hong Kong)

๐—™๐—ผ๐—ฟ๐—บ๐—ฎ๐˜: In-person or Online

๐—Ÿ๐—ฎ๐—ป๐—ด๐˜‚๐—ฎ๐—ด๐—ฒ: English

Fees:ย In-person attendance is FREE, a fee of HKD 138 (~US$18) per person will be charged for online access. Register soon, as spaces are limited โ€” first come, first served!

For enquiries, please contact Orion Astropreneur Space Academy (OASA).


CPD Points

Participants can earn 2 CPD units through the IMCHK or 2 CPD hours for Chartered Accountants of Australia and New Zealand.

Speakers

Prof. Benjamin Chang

Adjunct Associate Professor at the Hang Seng University and insurance industry executive with four decades of experience

Prof. Dewey Yee

Professor of Practice (Aviation Managementย and Finance), HK PolyU

Mr. Adrian Lai, JP

Deputy Secretary-General and Co-Convenor of the Advisory Board of Asian Academy of International Law (AAIL)

Mr. David Chew

Director of Satellite Solutions at Kairos Risk Solutions

Mr. Patrick Peng

Director of theย Hong Kong Insurance Law Associationย 

Moderator

Prof. Gregg Li

President of OASA; Adjunct Professor at HKU and Advisor, Lab for Space Research, HKUย 

Organisers

Video Technology Partner

Supporting Organisations

Disclaimer: OASA is not an investment advisor. This event is purely educational in nature. The content provided is not investment advice and does not constitute any offer, solicitation, or recommendation to buy or sell any securities or investment products. Please consult with trusted professional advisors before making any investment decisions.