Tag Archives: Spacecom

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.

After losing out to Space Systems Loral for the AMOS-8 Satellite, it is being reported that Israel Aerospace Industries (IAI) is likely to receive a satellite order from the Israeli government in a bid to save its satellite business, and adding to the woes of struggling Spacecom Satellite Communications, Ltd.

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.

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.

SpaceWatch.Global is providing a new weekly feature that provides a brief summary and roundup of space activities and satellite industry developments in Africa, Middle East, Asia-Pacific, and Russia and the CIS that have not been reported in-depth by our team.

Following the SpaceWatch.Global report that Israel’s Spacecom is looking to purchase a new satellite to be called AMOS-8, we can now report that Spacecom has selected U.S. satellite manufacturer Space Systems Loral (SSL), a subsidiary of Maxar Technologies, to build the new satellite, instead of Israel Aerospace Industries (IAI) as many expected.

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.

Facing financial problems and an uncertain future, Israel’s Spacecom is now looking abroad to expand its satellite communications business. An announcement posted by the State Space Agency of Ukraine (SSAU) reports that talks were held between its head, Pavlo Dehtiarenko, and David Pollack, Spacecom CEO, in Kyiv late last month. …

Tel Aviv-based satellite communications company Spacecom has announced that it will provide satellite communications to the D-MARS Desert Mars Analog Ramon Station, to take place in the desert of southern Israel. Using its AMOS-7 satellite, Spacecom will provide space-based connectivity for the mission that involves analog astronauts in a Mars …

Spacecom, the operator of the AMOS satellite fleet, has announced that Nepal’s Dish Media Network has furthered its long-term connection on the AMOS-4 satellite with a contract for more capacity. AMOS-4, from its 65°E prime orbital position, provides a wide array of satellite services to customers from South Asia to …