The company has signed a ten-year $77 million follow-on deal to provide satellite communications services to an Asia customer.
Spacecom Satellite Communications Ltd. (TASE:SCC) has signed a ten-year $77 million follow-on deal to provide satellite communications services to an Asia customer from the company's Amos 4 satellite. The satellite is undergoing six weeks of testing, following repairs to breakdowns in its power supply, ahead of its commercial relaunch.
The deal is worth $54 million more than the current contract with the customer.
Published by Globes [online], Israel business news - www.globes-online.com - on November 5, 2013
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