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Eric Platon
@ic
Ceres-1 exploded for a 2nd time over the past 4 years, with 20 successful missions. The two explosions are 2 year apart, the first in 2023 and the second in this late 2025. That is 9% failure rate. Is that high in engineering in general, and in rocker launching business?
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Eric Platon
@ic
This article may be just one data point, but seems to indicate that the global average may be around 5% failure rate for a while now: https://www.seradata.com/annual-launch-failure-rate-for-2024-remains-low-despite-kairos-and-jilian-1-failures-in-december/
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Eric Platon
@ic
This may explain why investors seem to be unhappy with Galactic Energy, the Ceres-1 maker.
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