With the recent announcement that Stasis Systems Australia (SSA- our sister organization) is in the process of buying land to build a facility, there have been many questions, many of a similar nature. I will try to summarize here and keep the answers very simple. In some areas I am generalizing a bit to keep things short. If you want more details or how things apply to yourself, please let me know.
When will the SSA facility be operational?
SSA have recently exchanged contracts for a land purchase and will proceed with the land purchase subject to being granted Development Approval (DA). A professionally prepared DA submission was made recently, at about the time of the contract exchange, but not yet approved. If all does go well the land will be purchased in about April this year. Purchase of the land is a major milestone as there were very many legal/development issue to sort out prior to this. If all then goes well the SSA site will be operational in 1 to 2 years. I know that this still sounds a long way off, but the people working this have put in a lot of hard work and there is a lot more still to do.
How much will it cost?
There are 2 answers to this question. All the amounts are in Australian dollars.
Firstly, if you come in now as an “investor” the cost is a commitment of $50,000, $13,000 to be paid now and the rest to be called up by SSA as the project progresses, so that all the $50,000 is called before the facility is operational. As an “investor” you get:
- a free suspension with SSA for any person of your choosing when SSA is operational
- coverage for a suspension for yourself with Cryonics Institute (if you meet certain straightforward conditions) in the US in the time period before the facility is operational. So essentially you are covered from the time you become an “investor”. With CI until the facility is operational and then SSA after that.
- Say in the management of SSA
- Access to CSA’s (Cryonics Services Australia) coordination capability and knowledge base essentially for free
Secondly, you can come in as a client after SSA is operational. The cost has not been decided yet but it will be in the order of $80,000 which will increase with inflation. For example, if you need suspension in say 30 years, the cost may be about $200,000. Usually you take out a life insurance policy to cover this. Have a look at other areas of this web site to see what that is all about.
On top of these costs you need to add something for standby and transportation, which would be of the order of $5,000 to $20,000 assuming you are in Australia.
I hope this gives you a short summary of things. Again please feel free to contact us if you have any further questions.