Israel Space Chief Calls Loss of Satellite SpaceX Crash a Major Blow

Image by Getty Images
The loss of an Israeli communications satellite in a blast in Florida in which a SpaceX launcher exploded on Thursday, was a major blow to the Israeli communications satellite industry, Israel’s leading space official said.
The Amos-6 satellite, owned by Space Communications , was destroyed when an explosion destroyed a Falcon 9 rocket belonging to Elon Musk’s SpaceX during routine test firing at Cape Canaveral in Florida, two days before it had been due to blast off and place the satellite in orbit.
“As far as the Israeli communications satellite industry is concerned, this is a very severe blow which could place the future of the industry in doubt if it is not dragged out of the mud,” said Israel Space Agency chairman Isaac Ben-Israel.
He told Israeli Channel 10 television that it might take three years to build a replacement. The Amos-6 was built by state-owned Israel Aerospace Industries.
“This is a blow and the next satellite, if Space Communications manages to overcome the crisis which it will face and decides to order another one, could be in another three years or so,” Ben-Israel said.
Beijing Xinwei Technology Group and Space Communications said last week that the Chinese company had agreed to buy the Israeli satellite operator for $285 million.
The deal reflected a premium of 41 percent to Spacecom’s average stock price in the past month but after the explosion, its shares closed 8.9 percent down on the Tel Aviv Stock Exchange.
The Israeli company issued a statement to the Israeli stock exchange saying the “total loss” of the satellite “will have a significant impact on the company.”
The Forward is free to read, but it isn’t free to produce

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward.
Now more than ever, American Jews need independent news they can trust, with reporting driven by truth, not ideology. We serve you, not any ideological agenda.
At a time when other newsrooms are closing or cutting back, the Forward has removed its paywall and invested additional resources to report on the ground from Israel and around the U.S. on the impact of the war, rising antisemitism and polarized discourse.
This is a great time to support independent Jewish journalism you rely on. Make a gift today!
— Rachel Fishman Feddersen, Publisher and CEO
Support our mission to tell the Jewish story fully and fairly.
Most Popular
- 1
Fast Forward Ye debuts ‘Heil Hitler’ music video that includes a sample of a Hitler speech
- 2
Culture Cardinals are Catholic, not Jewish — so why do they all wear yarmulkes?
- 3
Opinion It looks like Israel totally underestimated Trump
- 4
Fast Forward Student suspended for ‘F— the Jews’ video defends himself on antisemitic podcast
In Case You Missed It
-
Opinion It looks like Israel totally underestimated Trump
-
Fast Forward Betar ‘almost exclusively triggered’ UMass student detention, judge says
-
Fast Forward ‘Honey, he’s had enough of you’: Trump’s Middle East moves increasingly appear to sideline Israel
-
Fast Forward Yeshiva University rescinds approval for LGBTQ+ student club
-
Shop the Forward Store
100% of profits support our journalism
Republish This Story
Please read before republishing
We’re happy to make this story available to republish for free, unless it originated with JTA, Haaretz or another publication (as indicated on the article) and as long as you follow our guidelines.
You must comply with the following:
- Credit the Forward
- Retain our pixel
- Preserve our canonical link in Google search
- Add a noindex tag in Google search
See our full guidelines for more information, and this guide for detail about canonical URLs.
To republish, copy the HTML by clicking on the yellow button to the right; it includes our tracking pixel, all paragraph styles and hyperlinks, the author byline and credit to the Forward. It does not include images; to avoid copyright violations, you must add them manually, following our guidelines. Please email us at [email protected], subject line “republish,” with any questions or to let us know what stories you’re picking up.