https://spacewatch.global/tag/eurocom-group/ AN INDEPENDENT PERSPECTIVE ON SPACE Fri, 24 Aug 2018 05:00:45 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 https://spacewatch.global/wp-content/uploads/2024/09/SpaceWatchGlobal-Sign-90x90.png https://spacewatch.global/tag/eurocom-group/ 32 32 https://spacewatch.global/2018/08/israels-satcom-systems-ltd-receives-buyout-offer-from-liquid-telecom/ Fri, 24 Aug 2018 05:00:45 +0000 https://spacewatch.global/?p=10086 African telecommunications company Liquid Telecom has made a U.S.$8 million bid to acquire Israeli company Satcom Systems Ltd., a subsidiary of the troubled Eurocom Group, and a sister company of Spacecom, the Israeli satellite communications company that operates the AMOS fleet.]]> https://spacewatch.global/2018/07/israel-to-be-fourth-country-on-the-moon-in-2019-thanks-to-spaceil/ Thu, 12 Jul 2018 07:00:11 +0000 https://spacewatch.global/?p=9423 Israel’s SpaceIL has announced that it will launch its Moon probe on a SpaceX launch vehicle, to land in February 2019. If successful, the SpaceIL lunar mission will make Israel the fourth-ever country to land on the Moon, after the Soviet Union, U.S., and China.]]> https://spacewatch.global/2018/05/israels-spacecom-mounting-pressure-extends-payment-period-amos-8-orbital-slot-claimed-israeli-government/ Tue, 29 May 2018 05:00:11 +0000 https://spacewatch.global/?p=8808 Israel’s Spacecom, the troubled operator of the AMOS fleet of communications satellites, has postponed its U.S.$112 million contract with Space Systems Loral (SSL) to build the AMOS-8 satellite. Instead, Spacecom has come to an interim agreement with SSL and has a 30 day extension to raise the necessary funds for the initial down payment that will see the contract reinstated and work begun on the satellite.]]> https://spacewatch.global/2018/05/israels-spacecom-wins-u-s-55-million-contract-african-broadcasts/ Wed, 23 May 2018 05:00:13 +0000 https://spacewatch.global/?p=8756 Troubled Israeli commercial satellite operator Spacecom has won a U.S.$55 million contract from an unnamed customer to use the AMOS-17 satellite to broadcast content to the African continent. AMOS-17 is being built by U.S. satellite manufacturer Boeing Satellite Systems International and is scheduled to be launched by SpaceX by mid-2019, and is to replace AMOS-5 – built by a Russian manufacturer – that failed in orbit in 2015 after only four years operation of what should have been a fifteen year mission.]]> https://spacewatch.global/2018/04/israels-spacecom-buy-amos-8-bonds-buyout-attempt-expires/ Fri, 13 Apr 2018 05:00:03 +0000 https://spacewatch.global/?p=8320 Israel's Spacecom plans to pay for its AMOS-8 communications satellite by raising U.S.$110 million through collateral bonds and bond options, just as the bid by IDB Development Corporation Ltd. to buyout Spacecom’s parent company has expired.]]> https://spacewatch.global/2018/04/israels-spacecom-finally-buyer-idb/ Thu, 05 Apr 2018 05:00:46 +0000 https://spacewatch.global/?p=8198 Troubled Israeli satellite communications company Spacecom could finally have a buyer, but at a much lower price tag than it sought last year. Last week, Israel-based holding company IDB made an offer for a controlling stake in Spacecom, offering U.S.$45.75 million for a 54.7% undiluted stake and an equity infusion of as much as U.S.$11.45 million. According to a report published on calcalist.com, further negotiations have resulted in IDB’s subsidiary, Discount Investment Corporation, agreeing to an equity infusion of up to U.S.$34 million.]]>