Israel’s Spacecom, which operates the small Amos fleet of satellites, says it has booked a $55 million agreement with an unnamed (non-Israeli) client that will come into play around the middle of next year once a new satellite is brought into use.

The revenue stream is spread over four years, although the two parties each have a ‘break’ clause if regulatory permissions are not in place by this coming July 15^th.

Spacecom will mainly use its Amos-17 craft (for $30-millions worth of the deal) now under construction by Boeing and due to be launched by SpaceX during Q2 next year. Services in the Ka-band under this contract are targeting Africa, says Spacecom in a statement to the Tel Aviv stock exchange.

Spacecom says that the agreement requires Amos-17 to be operational by November next year.

Spacecom itself is bound up with the liquidation of its parent (64 per cent owned) Eurocom Holdings.

Other posts by :

1. Rocket Lab confirms D2C ambitions
2. Turkey establishes satellite production ecosystem
3. Italy joins Germany in IRIS2 alternate thoughts
4. Kazakhstan to create museum at Yuri Gagarin launch site
5. AST SpaceMobile gets $42 or $1500 price target
6. Analyst: GEO bloodbath taking place
7. SES AGM results: Appaloosa still objecting
8. SpaceX’s Shotwell worth $1.2bn
9. SpinLaunch’s revolutionary plan for 280 satellites

Categories: Articles, DTH/Satellite