Orbit Inc. (manufacturer of satellites) contracts with Space Inc. (private space launch company) as to launch one of its satellites. Space Inc. contracts with Blast inc. to purchase a rocket from them to utilize for the launch. InsureInc. insured Orbit Inc. for any loss to its satellite.

The launch is unsuccessful due to a rocket engine failure. As a result, the satellite Is completely destroyed. InsureInc. pays Orbit Inc. for the loss of the satellite.

What claims do either of the parties have against each other? Address things like if it is statutory or otherwise, as well as any potential defenses.