Israel Aircraft Industries Signed a Contract for the Sale of AMOS 3 Communications Satellite to Spacecom
Sep 21, 2005
IAI's President & CEO, Moshe Keret: "IAI will implement advanced technologies in the development of AMOS 3 and will continue to be a major factor in the Israeli and world space markets"
Israel Aircraft Industries (IAI) has signed a contract worth $170 million for the sale of AMOS 3 Communications Satellite to Spacecom Company. The satellite will be manufactured at IAI's Systems Missiles & Space Group, and will be launched by the end of 2007.
IAI's President & CEO, Moshe Keret, congratulated the signing of the contract and said: "IAI will implement advanced technologies in the development of AMOS 3 and will continue to be a major factor in the Israeli and world space markets."
AMOS 3 will replace AMOS 1, operating flawlessly since 1996, and supposes to last until 2008.
The development of AMOS 3 marks an important milestone in IAI's space activities.
For further information, please contact:
Doron Suslik
Deputy Corp. VP for Communications
Tel: 972 (3) 935-8509
Fax: 972 (3) 935-8512
Email: hpaz@iai.co.il
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