Israel Signs $63M Satellite Deal With Spacecom

July 10, 2016 | The State of Israel has signed an agreement with Spacecom Satellite Communications Ltd., a global fixed satellites operator of the advanced AMOS satellite fleet, for the purchase of communications services on the company’s Amos satellites for five years. The contract is worth $63 million. The state purchased an option to extend the contract for a further eight-year period, If the option is exercised, the contract will be worth a total of $164 million to Spacecom. Spacecom was founded in 1995 and is based in Ramat Gan, Israel.