SES Americom announced on Friday that it will not attempt to salvage its AMC-14 communication satellite, which was stranded in a lopsided orbit on March 15 after a Proton M upper stage shut down prematurely. Instead, the company will file a $150 million insurance claim.
â€œSES and Lockheed Martin have carefully examined all the available options for repositioning this satellite into its intended geostationary orbit,â€ said Edward Horowitz, President and CEO of SES Americom. â€œUnfortunately, none of those options would allow effective use of the spacecraft. The various repositioning scenarios presented carry unacceptable risks, and would result in a severely shortened life of the satellite. Therefore, we have no choice but to claim a total loss of the satellite with our insurers.â€
Lockheed Martin built the satellite, which SES had completely leased to EchoStar. The American satellite television provider will file a separate $42 million insurance claim for its losses.