One of the two commercial GEO satellite contracts Space Systems Loral announced this year now appears in doubt following Israel's announcement that Amos-8 will be built domestically.
Israeli satellite operator Spacecom has agreed to launch its next satellite on a Falcon 9 rocket from SpaceX in 2019, and will likely launch a second satellite on another Falcon 9 in 2020.
Israeli satellite operator Spacecom has begun offering telecom services with a satellite it borrowed from AsiaSat in December to fill the void left by the loss of Amos-6, the operator said today.
Israeli satellite operator Spacecom is denying media reports that it has concluded an agreement to sell itself to the Chinese conglomerate Beijing Xinwei Technology Group, claiming instead that talks are still ongoing.
Spacecom Chief Executive David Pollack on Sept. 5 said his company’s putative buyer, Beijing Xinwei, remains engaged with the transaction despite the Sept. 1 destruction of Spacecom’s Amos-6 telecommunications satellite during a prelaunch test by launch-service provider SpaceX.
Satellite fleet operator Space Communications (Spacecom) of Israel’s principal shareholders on Aug. 24 said they had agreed to sell the company to a Beijing conglomerate that has created a Luxembourg entity to manage the business for $285 million in cash.