Spacecom To Raise $50M In Debt Financing

 March 10, 2015 | The Israeli company Spacecom Satellite Communications will raise $50 million in debt financing in order to complete its Amos 6 satellite project by 2016. Spacecom is the provider of satellite communications services through its Amos satellites. The Amos 6 satellite, which is expected to be released in February-March 2016, will replace the Amos 2 satellite that will go out of service in the same year. Spacecom was founded in 1993 and is headquartered in Ramat Gan, Israel.