Type Public Industry Communications Revenue 109.9 million USD (2014) | Traded as TASE: SCC Headquarters Israel Founded 1993 | |
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Operating income Net income US$ 11.3 million (2014) Total equity US$ 149.5 million (2014) Stock price SCC (TLV) 2,425.00 ILA -38.00 (-1.54%)28 Mar, 5:24 PM GMT+3 - Disclaimer Parent organization Eurocom Holdings (1979) Ltd. | ||
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Spacecom, or Space Communication (Hebrew: חלל תקשורת), is an Israeli communications satellite operator in the Middle East, European Union and North America headquartered in the city of Ramat Gan, Israel. Spacecom operates two satellites at orbital position 4° West – AMOS 2 and AMOS 3 – as well as other AMOS satellites.
Contents
Spacecom real time space strategy game good and the bad ep 00
History
Spacecom was established in 1993 with a defined goal of marketing AMOS 1, a newly built communication satellite manufactured by Israel Aerospace Industries. In 2003 Spacecom launched its second satellite, AMOS 2, owned entirely by the company. In 2008 AMOS 3 satellite was launched to replace AMOS 1 and to increase coverage and traffic abilities.
Until 2005, Spacecom was a private company controlled by four companies, including IAI and Eurocom Group. It went public on the Tel Aviv Stock Exchange in 2005.
In August 2016, Spacecom shareholders agreed to sell the company for $285 million to Beijing Xinwei Technology Group via a Luxembourg business entity. The deal, announced Aug. 24, was pending the successful entry into service of Amos-6 after the launch. On September 1, 2016, two days before the scheduled launch date, the satellite was destroyed during the run-up to a static fire test of the Falcon 9 launch vehicle. Later statements from both companies stated that negotiations were ongoing, but that the purchase price was likely to be reduced.
Coverage
Spacecom satellites provide coverage to most of the Middle East, East-Central Europe and an Atlantic bridge from those areas to North America.
Services
Fleet
Former
In orbit