Spacecom: Chinese buyer is silent, deal likely buried

by Peter B. de Selding

 
Spacecom: Chinese buyer is silent, deal likely buried

January 20, 2017

Spacecom of Israel said that it has heard nothing from prospective buyer Beijing Xinwei Technology Corp. in recent weeks and that the deal, which was derailed because of the Sept. 1 loss off the Amos-6 satellite following the explosion of a SpaceX rocket, is presumed -- if not confirmed -- to be dead. Credit: Spacecom

PARIS — Satellite fleet operator Spacecom of Israel said it has had no word from prospective buyer Beijing Xinwei Technology Corp. in recent weeks and . . .

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