The spacecraft is licensed to carry 63 transponders, 36 of which will operate on Ku-band frequencies with north-south and transatlantic connectivity and 27 on C-band frequencies. The satellite will be positioned at the 61°W orbital slot.

The investment for the project is Euros 300.5 million euros of which US$213 million (Euros 240.4 million) is planned for the construction of the satellite and launch. Euros 60 million will be used to build a control station for the satellite in Rio de Janeiro, Brazil. Hispasat has secured an eight-year loan of Euros 30 million from the Spanish Official Credit Institute to cover some of the costs associated with setting up a Latin American affiliate to manage Amazonas. Telemar, of Brazil, is a minority partner in the project.