Ex-Im’s satellite-lending lapse didn’t stop Israel’s Spacecom from buying American
(Space News, Congers NY, 22 December 2016) Spacecom is buying its newest spacecraft from an American supplier without relying on financial support from the Export-Import Bank of the United States, according to a company official. Amos-17 is the first satellite Spacecom has bought from a U.S. supplier. The order comes during a vexing time for U.S. satellite builders trying to sell abroad. The U.S. Ex-Im Bank, a frequently-used source of below-market financing for satellite deals, was closed to new business for nearly half of 2015.
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