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Israel’s Spacecom to be sold to Chinese group after launch of Amos-6

Geopolitics News News Space Economy News

AMOS-6, photograph courtesy of Spacecom. Shareholder’s of Israel’s Spacecom, operator of the Amos fleet of commercial communications satellites, announced on 24 August 2016 that they has agreed to sell the company for U.S.$285 million to Chinese telecommunications company Beijing Xinwei Technology Group Co. Ltd. It is believed that the sale will proceed, subject to Israeli...