... We have been launching satellites for a long, long time. The process is very well understood, scientifically. Also, your prior should not be that just because you personally haven't heard of something, it must be a new discovery. In fact, in this case it appears to be literally the second bullet point on the first page I could find talking about the risks of geomagnetic storms: https://www.usgs.gov/faqs/what-are-hazards-magnetic-storms