Israeli fleet operator Spacecom is very close to purchasing a new satellite, named AMOS-8. This forthcoming purchase is a sign of a turnaround for Spacecom, as well as a bet on the troubled company’s future.
Back-to-back spacecraft losses in 2015 and 2016 turned Spacecom from an expanding business into a struggling concern. Preceding the destruction of AMOS-6, Spacecom’s Russian-built AMOS-5 satellite ceased working in orbit due to a power system failure in 2015, just four years after its launch.
