• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Techspacex explosion

Spacecom CEO Wants ‘Several Safe Flights’ Before Using SpaceX Again

By
Reuters
Reuters
Down Arrow Button Icon
By
Reuters
Reuters
Down Arrow Button Icon
September 6, 2016, 6:25 PM ET
SpaceX Launches Dragon Spacecraft For Mission To International Space Station
CAPE CANAVERAL, FL - OCTOBER 07: A SpaceX Falcon 9 rocket attached to the cargo-only capsule called Dragon lifts off from the launch pad on October 7, 2012 in Cape Canaveral, Florida. The rocket is bringing cargo to the International Space Station that consists of clothing, equipment and science experiments. (Photo by Joe Raedle/Getty Images)Photograph by Joe Raedle — Getty Images

The chief executive of Israeli satellite operator Space Communication said on Tuesday he wants to see “several safe flights” from SpaceX before using Elon Musk’s space firm again to launch one of his company’s satellites.

In an interview with Reuters, Spacecom CEO David Pollack also said he does not know what caused the explosion last Thursday that destroyed a SpaceX Falcon 9 rocket along with his company’s $200 million AMOS-6 communications satellite.

The cause of the explosion is under investigation by SpaceX and agencies of the U.S. government overseen by the Federal Aviation Administration.

“They have not yet discussed with us what they found,” Pollack said, referring to SpaceX. “I don’t believe that there is even the slightest chance that (the problem) was coming from the satellite … but still nothing can be ignored. They have to look at everything.”

Spacecom said on Sunday that SpaceX owes it $50 million, or a free launch, as a result of the explosion.

Get Data Sheet, Fortune’s technology newsletter.

Asked what SpaceX had to do to give him confidence to use the company again, Pollack replied: “I don’t know how many, but several safe flights.”

Pollack said Spacecom does not have a satellite it could put aboard a launcher soon.

“We don’t have a satellite, so I believe until we are ready to fly they will have some safe flights,” he said. “In principle, I think that Falcon 9 is a nice launcher.”

Facebook (FB)and Eutelsat had planned to use the AMOS-6 satellite to expand internet access in Africa.

NASA and Space Startups Are Learning to Coexist

SpaceX is owned and led by technology entrepreneur Musk, who is also chief executive of electric car maker Tesla Motors and chairman of solar energy company SolarCity.

The explosion occurred as SpaceX was fueling a Falcon 9 rocket on a launch pad in Florida in preparation for a test-firing of the booster’s first-stage engines. No one was hurt in the explosion. SpaceX said it was not yet releasing images or details about launch pad damage.

SpaceX also declined to discuss Spacecom’s claim for compensation.

“We don’t disclose contract or insurance terms,” SpaceX said in an emailed statement on Sunday.

Pollack said he was watching television on a JetBlue flight from New York to Orlando and saw images of the accident.

“I saw the smoke after the explosion, but the Cape is a big place. It took a little bit until I realized it was us,” Pollack said.

Satellite Owner Says SpaceX Owes it $50 Million or a Free Flight

The loss of the AMOS-6 satellite, which Spacecom had intended to operate for at least 15 years, is presenting the company with financial and operational challenges, Pollack said.

Pollack said Spacecom was not insured for revenue that would have been generated from AMOS-6 leases to companies, including Facebook and Eutelsat.

The company said it expects to receive money from an insurance policy purchased by satellite builder Israel Aerospace Industries to pay off bonds sold to finance the satellite.

Pollack said he is looking at options to buy services on other companies’ satellites to fill the gap until an AMOS-6 replacement can be built and launched.

It also is continuing negotiations with Beijing Xinwei Technology Group, which had planned to acquire Spacecom in a deal valued at $285 million pending the successful launch and operation of the AMOS-6 satellite.

About the Author
By Reuters
See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
Fortune Secondary Logo
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

Aerial view of a data center under construction in Ohio.
EconomyEconomics
Before AI gains materialize, governments will have to deal with a ‘policy trade-off,’ Moody’s says: How to handle the massive spending and debt risk
By Tristan BoveFebruary 27, 2026
30 minutes ago
Graphic depicting a coin reads, Fortune Crypto: Facebook Crypto 2.0
CryptoCrypto Playbook
Facebook’s first crypto push set off a firestorm. This time around, its plans are met with a shrug
By Jeff John RobertsFebruary 27, 2026
2 hours ago
jack dorsey
AILayoffs
Block CEO Jack Dorsey lays off nearly half of his staff because of AI and predicts most companies will make similar cuts in the next year
By Jake AngeloFebruary 27, 2026
3 hours ago
Anthropic CEO Dario Amodei.
AIAnthropic
The Pentagon brands Anthropic CEO a ‘liar’ with a ‘God complex’ as deadline looms over AI use in weapons and surveillance
By Beatrice NolanFebruary 27, 2026
5 hours ago
lacks
LawLawsuit
The immortal life of Henrietta Lacks lawsuits gets a bit shorter with Novartis settlement
By Brian Witte and The Associated PressFebruary 27, 2026
5 hours ago
burger king
AIOpenAI
Burger King tests OpenAI-powered headsets that will track the friendliness of drive-through workers
By Dee-Ann Durbin and The Associated PressFebruary 27, 2026
6 hours ago

Most Popular

placeholder alt text
Innovation
An MIT roboticist who cofounded bankrupt robot vacuum maker iRobot says Elon Musk’s vision of humanoid robot assistants is ‘pure fantasy thinking’
By Marco Quiroz-GutierrezFebruary 25, 2026
2 days ago
placeholder alt text
Success
Jeff Bezos says being lazy, not working hard, is the root of anxiety: ‘The stress goes away the second I take that first step’
By Sydney LakeFebruary 25, 2026
2 days ago
placeholder alt text
Economy
Trump claims America is ‘winning so much.’ The IMF agrees, adding that Trump’s trade policies are the only thing holding it back from even more
By Tristan BoveFebruary 26, 2026
1 day ago
placeholder alt text
Success
Gen Z Olympic champion Eileen Gu says she rewires her brain daily to be more successful—and multimillionaire founder Arianna Huffington says it really does work
By Orianna Rosa RoyleFebruary 25, 2026
2 days ago
placeholder alt text
Economy
It’s more than George Clooney moving to France: America is becoming the ‘uncool’ country that people want to move away from
By Nick LichtenbergFebruary 27, 2026
13 hours ago
placeholder alt text
Commentary
'The Pitt': a masterclass display of DEI in action 
By Robert RabenFebruary 26, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.