The new satellite will also have two transponders that can be tuned from space
On January 12.1.2005, 2004, the board of directors of H.L. Communications Ltd. approved the submission of a draft prospectus to the Securities and Exchange Commission based on the financial reports of September 3. The company intends to raise the capital required to start the Amos 2 satellite project, which is planned to join to the Amos 2007 satellite in 1 and actually replace the Amos XNUMX satellite which will reach the end of its life with a final The fuel used to get him back on track when he occasionally deviates from it.
Halal-Communication currently provides satellite communication services through the two Israeli communication satellites - Amos 1 and Amos 2, which are located side by side at a single orbital point in the sky. Among the company's clients in Israel is YES, whose subscribers receive its broadcasts via Amos satellites, as well as the Broadcasting Authority, the Second Authority for Television and Radio, the Educational Television and the Knesset channel. Amos satellites also serve many customers in Europe, and the Amos 2 satellite provides satellite communication services between the US and the Middle East.
Space Communications intends to raise capital through the issuance of shares and stock options, and through the issuance of bonds (series B). The scope and composition of the fundraising has not yet been determined, and will be formulated after the underwriters for the issuance are selected.
Amos 3 is planned to be a larger and more complex satellite than Amos 2. The number of respondents on Amos 3 is expected to be greater. The satellite will operate in an additional frequency range and, in addition to three fixed coverage beams similar to Amos 2, two mobile coverage beams are planned for it, which can be deflected according to customer needs and technical capabilities.
The shares of Halal-Communications, whose bonds (series A) are traded on the Tel Aviv Stock Exchange, are held by Eurocom, Group H. Mr., the general company for satellite services managed by Mr. Meir Amit and by the aviation industry, in equal parts.
