Amos Satellite Contract Eludes Israeli State-Owned Aerospace Company
After the last two Israeli satellites were lost - one due to a failure and one in a launchpad explosion, a second satellite in a row will be built in the U.S.
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The contracted company is Palo Alto, California-based Space Systems/Loral LLC, a spacecraft and communication systems manufacturer that lists NASA as one of its customers. According to its website, Loral manufactured over 270 satellites to date and has over 80 geostationary satellites currently in orbit.
Spacecom has stated it intends to raise the money to finance AMOS-8 from the public, for institutional investors, and from banks.AMOS-8 is intended to replace AMOS-7, which has been leased for four years. The new satellite will provide coverage for the Middle East, Europe, and Africa. Under the terms of the contract, Loral will deliver the finished satellite within 27 months of the advance payment, and will provide support for as long as it remains in orbit. The $112 million agreed upon will be paid over several years depending on certain milestones and on the Satellite's performance once in orbit. Loral will also participate in the satellite's insurance policy both before and after its launch. Spacecom can also contract Loral for a second satellite at a predetermined price within a specific but unspecified timeframe. The contract is the second time out of only three times in which Space Communications contracted a company other than IAI to build its satellites. In November 2015, the company’s AMOS-5, manufactured by two companies from Russia, and Italy and France, stopped responding to communication while in orbit, most likely due to generator malfunction. Launched in December 2011, it was expected to have a lifespan of 15 years.
In December 2016, Space Communication contracted Boeing Satellite Systems International, to build a replacement, to be called AMOS-17.
In October, Spacecom announced it has signed a contract with SpaceX for the launch of AMOS-8 in 2020, and of AMOS-17 in the second quarter of 2019.In January, a report issued by the Israeli parliament found that the Israeli satellite industry has been struggling to pull together after the 2016 explosion. The government is partially financing AMOS-8.